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Why the upcoming Bitcoin futures ETF may not be good news for retail investors

While this represents a watershed moment, if true, there are downsides to consider.

Why the upcoming Bitcoin futures ETF may not be good news for retail investors

Photo by Executium on Unsplash

The time has finally come — the United States Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund.

Some say this is good news, especially from a mainstream acceptance perspective.

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