Crypto has been 'validated significantly’ with spot bitcoin ET | 🔸️ Bitcoin News
Crypto has been 'validated significantly’ with spot bitcoin ETF approval, says Pantera Capital exec
Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry. This year's approval of spot bitcoin exchange-traded funds in the U.S. has provided substantial validation for the crypto industry, according to Pantera Capital general partner Franklin Bi, as the crypto venture capital firm is raising a new mega $1.25 billion fund.