Bitcoin ETF. Now What ?

In the previous period, Bitcoin gained all the publicity and that was depicted in the price rally, creating more expectations for every crypto investor.

The price reached $47,000 and the story erupted in the newsfeed after the approval of the first Bitcoin Spot ETFs, fulfilling joy in the investing community and every company in the sector.

After this incident, the market starts to plunge, reaching $40,000. Why that happened ?

Obviously, it was something like a self-fulfilling prophecy and every newbie enter the market to buy some more, but they found the market makers and many institutional investors that withdrew capital, to enter again through the new instruments.

Until now, more than $5 billion have flew in the market through ETFs while this number is expected to grow in the next months.

What we wait now is a new story that will bring the institutional money to higher levels…..

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Serres, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).