What will happen to top cryptos if the SEC approves Bitcoin ETF?
Nothing much really. The price might rise a bit and fall back down on the original value before the news hit the market. Why might you ask? Because it would be just news at that point. ETFs are instruments that would allow businesses to trade cryptos but that’s it – it is a tool only. It all depends on whether people and organizations will use it.
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Well, the most important point is money laundering in this case. Now, many companies, before selling bitcoin, arrange a customer check. I agree that this is correct. I use the service for https://cryptoprocessing.com/ to ensure that my reputation will remain the same.
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If you already have some cryptocurrency stashed, you might want to buy Bitcoin with its free wallets crypto. It means you need a good exchange. Some exchange services are less trustworthy than others, and Bitcoin news often gets us some things to worry about the legitimacy of certain services. Maybe you should read more about wallet trends in cryptocurrency.
