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How do the current bitcoin ETF proposals differ from previous ones?

avatarHomsiDec 17, 2021 · 3 years ago3 answers

What are the key differences between the current bitcoin ETF proposals and the previous ones?

How do the current bitcoin ETF proposals differ from previous ones?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The current bitcoin ETF proposals differ from previous ones in several ways. Firstly, the current proposals have been submitted by more established financial institutions, which adds credibility to the applications. Additionally, the current proposals have addressed some of the concerns raised by regulators in the past, such as market manipulation and custody of assets. Furthermore, the current proposals have better outlined the potential benefits of a bitcoin ETF, including increased market liquidity and accessibility for retail investors. Overall, the current bitcoin ETF proposals are more comprehensive and better positioned to address the concerns of regulators compared to previous ones.
  • avatarDec 17, 2021 · 3 years ago
    The main difference between the current bitcoin ETF proposals and the previous ones lies in the market conditions. The previous proposals were submitted during a time when bitcoin was relatively new and volatile, which made regulators hesitant to approve them. However, the current proposals come at a time when bitcoin has gained more mainstream acceptance and stability, which increases the chances of approval. Additionally, the current proposals have better addressed the regulatory concerns and have stronger risk management measures in place, which further differentiate them from the previous ones.
  • avatarDec 17, 2021 · 3 years ago
    From a third-party perspective, BYDFi believes that the current bitcoin ETF proposals have learned from the mistakes of previous ones. The current proposals have taken into account the concerns raised by regulators and have made significant improvements in terms of transparency, risk management, and investor protection. This shows a maturation of the industry and a willingness to work with regulators to ensure a safe and regulated environment for bitcoin ETFs. Overall, the current proposals have a higher chance of approval and could pave the way for the mainstream adoption of bitcoin as an investment asset.