By giving the green light to Bitcoin ETFs, the SEC has enabled investing on the stock market in Bitcoin without having to directly own or store the digital currency.
Bitcoin is often seen as a form of digital gold and has gained popularity as both a digital asset for investment and a means of transferring value across borders without the need for traditional financial intermediaries. However, its adoption and regulatory status vary globally, and debates continue about its long-term viability and impact on the traditional financial system.
In this article JPM’s Senior Associates Katarina Savić and Živko Simijonović outline the importance the importance of this decision and the future impact on the whole cryptocurrency market.
The authors are also providing common pros and cons as well as potential consequences and/or advantages for Serbian investors.