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Beam CEO: The spot Bitcoin ETF has deviated from the original ideals of cryptocurrency

Beam CEO: The spot Bitcoin ETF has deviated from the original ideals of cryptocurrency

Bitget2024/01/27 01:17

In an interview, Andy Bromberg, CEO of encrypted wallet developer Beam, said that he believes the spot Bitcoin ETF has deviated from the original ideals of cryptocurrency, namely self-custody and wealth autonomy. Bromberg stated that while ETFs are a gateway product for new crypto adopters, he would prefer users to understand the true vision of cryptocurrency.

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