What alternatives were available for investors after the SEC's decision on Bitcoin ETF in 2017?

1 answers

• Dec 30, 2021 · 3 years ago
  After the SEC's decision on Bitcoin ETF in 2017, investors had to look for other options to invest in the cryptocurrency market. One popular alternative was to directly trade Bitcoin on cryptocurrency exchanges such as Binance or BYDFi. These exchanges allowed investors to buy and sell Bitcoin, providing them with a way to participate in the market without relying on an ETF. Additionally, investors could explore other cryptocurrencies like Ethereum, Ripple, or Litecoin, which offered different investment opportunities and potential returns. Another option was to invest in blockchain technology companies that were developing innovative solutions or providing services to the cryptocurrency industry. These companies had the potential for growth and could provide exposure to the cryptocurrency market. Overall, despite the SEC's decision, investors had several alternatives to consider and continue their investment journey in the cryptocurrency market.
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