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The investment world has been abuzz with a new phenomenon that marries the age-old concept of exchange-traded funds (ETFs) with the futuristic allure of cryptocurrencies.
According to Patrick Hansen, who’s the EU Strategy and Policy Director, at Circle it has been mentioned that there are approvals for certain Bitcoin ETFs in the United States.
Reporter Eleanor Terrett recently published an article in which she shared her conversation, with the entities for the Spot Bitcoin ETF.
According to an article, by Caitlin Long, the founder and CEO of Custodia Bank, an institution specializing in asset payment and custody in the United States she mentioned that when the fees associated with a spot Bitcoin ETF are lower than its operational costs it becomes challenging for asset managers to generate profits from managing the fund.
According to James Seyffart, an analyst, on platform X gold ETFs may have concerns such as impurities or counterfeit gold bars when compared to BTC ETFs.