The post Will Bitcoin ETFs Kill Crypto Exchanges? Bloomberg Analyst Thinks So! appeared first on Coinpedia Fintech News
The cryptocurrency community is eagerly awaiting the U.S. Securities and Exchange Commission’s (SEC) decision regarding Bitcoin exchange-traded funds (ETFs). Bloomberg‘s senior ETF analyst, Eric Balchunas, recently made a noteworthy prediction on the “Unchained Crypto” podcast. He suggests that the introduction of Bitcoin ETFs could pose challenges for crypto exchanges, like Coinbase, known for their high …