Ki Young Ju, CEO of CryptoQuant, thinks that if the Bitcoin (BTC) ETF is approved in the US, there will be a massive Bitcoin craze around the world.
Speaking to 156,000 followers on Twitter, Ju said that if the US approves a Bitcoin ETF, a massive FOMO worldwide could happen.
The first Bitcoin exchange mutual fund could happen soon if the SEC approves VanEck’s Bitcoin ETF.
Canada and Brazil are in a different climate as the SEC continues to delay the process. In Canada, recently Purpose Bitcoin ETF entered the Toronto Stock Exchange. A month later, Brazilian digital asset manager QR Capital received regulatory approval for the first Bitcoin ETF in Latin America.