ETF Approval Might Increase Bitcoin Liquidity, However It Will not Be A Recreation Changer — JP Morgan

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JP Morgan (NYSE:) Managing Director Nikolaos Panigirtzoglou stated in a report that the potential approval of spot exchange-traded funds (ETFs) wouldn’t be a game-changer for the cryptocurrency market, however for the massive cryptocurrencies. is more likely to be worthwhile.

Primarily based in London, Mr. Panigirtzoglou is a part of JP Morgan’s international market technique crew. he makes use of bitcoin (BTC) US ETFs could have an analogous affect to what we see in Canada and Europe, the place spot Bitcoin ETFs have existed for a while.

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