Europe’s new spot Bitcoin ETF boosts market share: BDSwiss
Mazen Salhab of BDSwiss is optimistic about the future of cryptocurrency. Indeed, the U.S. Securities and Exchange Commission (SEC) is making life tough for crypto businesses like Ripple, Binance and Coinbase in the U.S. However, market sentiments are unlikely to diminish, Salhab says. Read on to hear the recently appointed chief market strategist for BDSwiss MENA (Middle East and North Africa) opine on a variety of topics, including the spot Bitcoin ETF that just went live, the Guernsey Financial Services Commission (GFSC) and the differences between exchange-traded notes (ETNs) and exchange-traded funds (ETFs). You might also like: Direxion files for Bitcoin and Ether ETFs The Jacobi FT Wilshere Bitcoin ETF recently began trading on Euronext Amsterdam. Why is this a major win for Europe and a loss for the U.S.? Salhab : As the U.S. regulator SEC cracked down on the crypto sector, the markets’ sentiments are unlikely to diminish while crypto traders will keep looking fo...