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#1182 Matt Hougan | Bitcoin or Ethereum? Institutional Investor Reveals His Answer
The Pomp Podcast
Bitcoin ETF Approved in 2023
The first spot Bitcoin application was in 2013 when Bitcoin was trading for $80. Investors could have had exposure at that time and written it up to $28,000. I'm not optimistic we get a spot Bitcoin ETF this year because there have been so many rejections. It's interesting to watch the grayscale SEC lawsuit. That could push us down a pathway that leads eventually to a spot BitcoinETF maybe in 2024.
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