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What Role would an Exchange have if BTC ETF is Approved?
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[QUOTE="Bestmary, post: 326657, member: 102499"] The news of the alleged approval of a BlackRock ETF, which was later revealed as false, has reverberated significantly within the cryptocurrency space. Earlier today, Cointelegraph announced the SEC's approval of a BlackRock ETF, inciting substantial market reactions due to the heightened anticipation surrounding Bitcoin ETFs. However, this news was eventually debunked, resulting in numerous traders experiencing liquidations. [ATTACH type="full"]59340[/ATTACH] According to BlackRock's CEO, as reported by FOX, today's market rally exceeded mere rumors of a spot Bitcoin ETF approval. Now that we've observed the considerable impact of such news, it's essential to consider how these developments might influence cryptocurrency exchanges. Will these events generate a positive effect, encouraging people to seek out exchanges for Bitcoin trading? Or will traders continue with business as usual, seemingly unswayed by such news? This raises questions about the fundamental role that exchanges will play in the long run. [/QUOTE]
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What Role would an Exchange have if BTC ETF is Approved?
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