The Bitcoin Halving historically has proven to be a wealth-generating event after Bitcoin’s price skyrocketed following each halving process. Institutions try to capitalize on Bitcoin’s attractiveness by creating Bitcoin ETFs to ease investors that would like to get their hands on Bitcoin. However, the SEC has been a huge opposition on this matter. Delays and rejections seem to be the only answer SEC has to offer. But it will soon come to an end. As one of the key infrastructures in Bitcoin ETFs, this stock provides a potential for long position.
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