Months after the EU got its first Bitcoin ETF, the U.S. joins the game and one EU analyst speculates the market access it could open up, along with a potential kick off to a bull market.
Both the traditional finance (TradFi) and decentralized finance (DeFi) spaces have been buzzing with anticipation around the decision from the United States Securities and Exchange Commission (SEC) to approve the country’s first spot Bitcoin (BTC) exchange-traded funds (ETF).
The historic decision brings with it curiosity about its effects on the markets and, of course, on Bitcoin (BTC) itself.
However, across the pond in Europe, the excitement of a Bitcoin ETF has already dulled, as the continent saw its own Bitcoin ETF introduced on Aug. 15, 2023.
