Matt Hougan (Bitwise) on the approval of spot Bitcoin ETFs (EP.497)
On The Brink with Castle Island
The Appeal of the Bitwise Product and Donation to Bitcoin Developers
This chapter highlights the low cost and long-term investment potential of the Bitwise product, which acquires Bitcoin and donates 10% of proceeds to Bitcoin open source developers. It discusses the organizations that will receive the donations and the benefits of ETFs in the Bitcoin ecosystem. The chapter also touches on the recent approval of spot Bitcoin ETFs and the potential influx of anti-crypto institutions in the market.
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