Big news for Bitcoin and Ethereum! The SEC, a government group, might let people buy these cryptocurrencies more easily through something called an ETF (like a special investment fund).
- An ETF makes it easier for more people to buy Bitcoin and Ethereum.
- This could mean more money goes into Bitcoin and Ethereum, maybe raising their prices.
- The ETF combines both Bitcoin and Ethereum in one investment.
Fact | Number/Prediction |
---|---|
Money flowing into existing Bitcoin/Ethereum ETFs after the announcement | $655 million |
Suggested investment amount | $1,000 |
Timeframe for potential gains | 3-5 years |