Bitcoin, with its digital scarcity, and Ethereum, with its increasingly deflationary post-Merge tokenomics, will shine bright in a world of growing deficits, government spending and abundant fiat liquidity. But keep your expectations tempered. There will inevitably be volatile moments of low liquidity and deleveraging within digital assets.
Ten years after Cameron and Tyler Winklevoss first applied to launch the Winklevoss Bitcoin Trust in 2013, a spot Bitcoin exchange-traded fund (ETF) has finally launched in the United States. The U.S. Securities and Exchange Commission approved nine ETF applications from several major asset management firms on Jan. 10.