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BitMEX Lianchuang: Spot Bitcoin ETF could “totally destroy” Bitcoin

BitMEX Lianchuang: Spot Bitcoin ETF could “totally destroy” Bitcoin

CointimeCointime2023/12/25 02:27
By:Cointime

The former CEO of BitMEX stated in a blog post that if the spot BTC exchange-traded fund (ETF) is too successful, it could "completely destroy" Bitcoin. Wall Street giants will only "clean up" Bitcoin and store it in a "metaphorical vault" if it becomes too successful, and the number of Bitcoin trades will dry up.

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