BitMEX Lianchuang: Spot Bitcoin ETF could “totally destroy” Bitcoin
The former CEO of BitMEX stated in a blog post that if the spot BTC exchange-traded fund (ETF) is too successful, it could "completely destroy" Bitcoin. Wall Street giants will only "clean up" Bitcoin and store it in a "metaphorical vault" if it becomes too successful, and the number of Bitcoin trades will dry up.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Cysic (CYS) in the Innovation zone
Earn up to 50 USDT: Make your first USD deposit!
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Trending news
MoreCrypto prices
More
