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Michael Silver: Approval of Ethereum ETF is good news for Bitcoin Michael Silver, the founder of MicroStrategy, believes that the recent approval of Ethereum exchange-traded funds (ETFs) by the US regulator is also good news for Bitcoin.This,he says,will help institutional acceptance of investing in digital currencies.
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Approval of cryptocurrency ETFs can increase public awareness and educate investors about the market. This increased awareness could benefit Bitcoin and other digital currencies as more people and investors learn about the benefits and applications of this technology.
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