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automate lead nurturing processes with ai for better sales outcomes ✌️【365vc.net】✌️Start investing in blockchain with just ₹500. Transparent, secure, and highly rewarding!Overall, bitcoin (BTC) has clearly been setting the mood for 2023, as proxied by the CoinDesk Markets Index (CMI), and it feels like the majority of broad crypto market-moving headlines over the past few months can be placed within the bucket of the ongoing saga towards a bitcoin spot ETF.You’re readingCrypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor.Sign up hereto get it in your inbox every Wednesday.To better understand the context behind the crypto market’s focus on a spot ETF, it’s useful to draw some useful historical parallels to the creation of gold ETFs and their impact on the gold market.Like gold ETFs, a bitcoin ETF would make it significantly easier for a broader range of investors to gain exposure to bitcoin.
It eliminates the need for investors to directly buy and store bitcoin.
automate lead nurturing processes with ai for better sales outcomes ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.While this difficulty did not discourage early adopters, it can be a complex and daunting process for many (i.e., imagine walking a grandparent through the cold storage process).
Fun fact: Before the first gold ETF was launched, investors could invest in clunkier closed-end funds, gold companies like miners or lug around the actual shiny metal.
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automate lead nurturing processes with ai for better sales outcomes ✌️【365vc.net】✌️Start investing in blockchain with just ₹500. Transparent, secure, and highly rewarding!A bitcoin spot ETF could do likewise, leading to a surge in buying by retail investors who aren’t currently in the Grayscale Bitcoin Trust (GBTC) or one of the bitcoin futures ETFs like the one from ProShares (BITO).Related to the increased accessibility would be an increase in liquidity and trading volume in the bitcoin market.
Increased liquidity and further diversifying the asset’s investor base could help stabilize prices and reduce price volatility caused by illiquid market conditions.automate lead nurturing processes with ai for better sales outcomes ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!