Cryptocurrency is creeping closer to the mainstream, as the imminent approval of a Bitcoin ETF on the ASX approaches – despite opposition from purists.
The approval of ETFs for Bitcoin by the US Securities and Exchange Commission (SEC) has led to a surge in excitement, propelling Bitcoin prices from $16,000 to $48,000.
The imminent listing of a Bitcoin-linked ETF on the ASX is anticipated to mark a significant step toward mainstream adoption.
Mark Wyld from MW Wealth explores Bitcoin’s growing popularity.
