As expectations grow that a spot bitcoin exchange traded fund (ETF) will be approved in the United States, it remains one of the hottest topics heading into 2024. In episode 38 of Cointelegraph’s Hashing It Out, Elisha Owusu Akyaw talks to Joel Kuck, CEO of Decentralized ETF (D-ETF), about how ETFs work, the potential impact of spot bitcoin (BTC) ETFs on the cryptocurrency industry, and the idea of decentralized ETFs.
Amid optimism that U.S. regulators will greenlight several spot BTC ETFs, some projects are also looking to bring other ETFs to the blockchain while riding the wave of hype around the investment products. Kuck explains why the industry is bullish on spot bitcoin ETFs and why the excitement around them is growing.