Why A Bitcoin ETF May Send The Price Of Bitcoin Soaring To $100,000

in #gjdkhls10 months ago

In an effort to facilitate the purchase of bitcoin, the Winklevoss twins have been advocating for the listing of a bitcoin ETF on the Cboe Global Markets exchange.

The twins are most recognized for their lawsuit against Mark Zuckerberg about the rights to Facebook, if you're not acquainted with them. Additionally, they have attempted to sue Mark Zuckerberg once again after claiming that he stole their concept for a social network.

They have been promoting a bitcoin ETF (exchange-traded fund) listing on the CBOE Global Markets exchange, which is why this is significant. The Winklevoss twins think that by making cryptocurrencies accessible to investors without requiring them to purchase them straight from an exchange, their proposed exchange-traded fund would contribute to a rise in interest in cryptocurrencies.

The Winklevoss twins believe that having their ETF listed on the CBOE Global Markets platform would assist educate regular investors who are unaware of cryptocurrencies like bitcoin and ethereum. They think that by providing consumers with a simple means of entering the market, more individuals would be inclined to purchase bitcoin assets, add to their own cryptocurrency portfolios, and invest in other altcoins rather than only utilizing

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