| ? Most of us don't see it as a replacement of cash. This ETF doesn't mean it's a replacement of cash either. Just so many people are holding it and there's a lot of money in it, but still less than it's peak. It will probably just go down again without news, as it did before. It's not that the BTC futures ( since 2018) changed much, I expect a similar end result of this. Note : I went out in 2017 as I didn't saw it's original purpose being fulfilled and it still isn't after 14 years. Nobody is talking about paying things with crypto anymore, as far as I know. https://en.m.wikipedia.org/wiki/Bitcoin_in_El_Salvador https://bitcoinmagazine.com/culture/why-bitcoin-failed-in-ca... It should still be popular for criminal purpose though. But that's Monero and some other privacy coins. |
There was so much hype for the ETF, that there's no interest anymore from others to actually buy crypto ( for now)