Bitcoin ETF rush has made North America the dominant player in the global crypto market, report says.

https://fortune.com/crypto/2024/10/17/bitcoin-etf-rush-has-made-north-america-the-dominant-player-in-the-global-crypto-market-report-says/

7 Comments

  1. tldr; The approval of spot Bitcoin exchange-traded funds (ETFs) in January has significantly impacted the crypto market, according to a Chainalysis report. These ETFs have propelled the crypto industry into the mainstream, solidifying North America’s dominance, particularly the U.S., which now accounts for 22.5% of global crypto activity. The involvement of major financial institutions like BlackRock and Fidelity has legitimized Bitcoin, encouraging broader participation and potentially driving global adoption. The spot Bitcoin ETF has become the most popular ETF in history.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Mundane-Farm-4117 on

    As much as we want to say it’s not..north America has always been the most dominant player..why do you think they dump on us every morning

  3. And not without some help from Italy. They want to double HODLers’ taxes, leaving ETF investors with the same (now half) rate.