It's official. The U.S. securities watchdog on Wednesday made history by begrudgingly approving a batch of bitcoin spot exchange-traded funds (ETF), energizing markets that were for months trembling with anticipation.
Some fear that fraternizing with crypto's original enemy - traditional finance (TradFi), Big Banks and Wall Street, which early fans of the Bitcoin blockchain had in their sights - threatens to break its original promise of decentralizing financial services.
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