Meanwhile, other key figures in the crypto industry have also shared their perspectives on the ETF approval.
Ripple CEO Brad Garlinghouse acknowledged the historical significance of the moment, stating that it further legitimizes crypto as an asset class. Garlinghouse anticipates the approval will catalyze greater institutional adoption and real-world usage for blockchain and BTC.
Binance CEO Richard Teng also joined the chorus, declaring that the spot Bitcoin approval would introduce Bitcoin to a new class of investors, expanding its reach and impact on the market.
Similarly, Chainlink’s co-founder Sergey Nazarov told CryptoSlate that the “Bitcoin ETF approval has made it clear that traditional financial institutions have a significant role to play in determining how the crypto markets evolve.”
