The recent launch of multiple spot bitcoin ETFs has brought a dual effect to the asset. They've democratized access to bitcoin, allowing a wider range of investors to participate without direct digital asset ownership. However, this has created a headwind for the price of bitcoin due to increased market liquidity, investor sentiment, and trading dynamics. According to a CoinDesk report, the approval of these bitcoin ETFs signals a shift with big financial institutions entering the marketplace. This has the potential to significantly alter the landscape for bitcoin, bitcoin miners, and other publicly traded blockchain ... (full story)