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coinpedia 2023-12-23 12:53:40

TradFi’s Spot Bitcoin ETF Could Spell Doom for Bitcoin

The post TradFi’s Spot Bitcoin ETF Could Spell Doom for Bitcoin appeared first on Coinpedia Fintech News BitMEX co-founder Arthur Hayes has issued a stark warning: the success of traditional finance (TradFi) firms like BlackRock in launching a spot Bitcoin ETF could lead to Bitcoin’s downfall. His insights, articulated in a new blog post released today, paint a potentially bleak future for the world’s foremost cryptocurrency. Hayes argues that the very essence …

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