📉🏦 Decrypt suggests that the launch of a Bitcoin spot ETF in the US might lead to a shift of capital out of Bitcoin mining stocks and into the ETF. Historically, mining stocks served as an alternative investment to Bitcoin, with mining stocks experiencing higher price increases this year. JP Morgan analyst Reginald L. Smith points out that mining stocks like Marathon Digital and Riot Blockchain may face competition from spot ETFs as more efficient and lower-risk Bitcoin investment vehicles. 🪙📈 #BitcoinETF #CryptoInvesting #BitcoinMining 🌐📊💼
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