The market saw the launch of the first batch of Bitcoin ETFs in the United States a few weeks ago. This led to the cryptocurrency hitting new price heights on the charts. What’s more, this was followed by the Australian market releasing its own crypto-backed ETFs, which too had parabolic effects on the market.
ETFs in both countries set unprecedented records in terms of investments and appreciation, leaving many countries hopeful of their own domestic investment products.
European countries have been especially primed to begin their own ETF journeys. However, the lack of regulatory clarity continues to be a hindrance. A case in point is Spain, a country where Santander bank is reportedly in the final stages of curating its BTC ETFs despite
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