Financial News

RocketFuel weighs in on how Bitcoin ETF approval can encourage crypto adoption and awareness

--News Direct--

RocketFuel Payment Solutions CEO Peter Jensen joined Proactive's Natalie Stoberman to discuss the importance of how a spot Bitcoin ETF could increase awareness, exposure and the adoption of cryptocurrencies.

According to Jensen, if a spot Bitcoin ETF from mainstream financial institutions like BlackRock, Fidelity, and Schwab were to be approved by the SEC, it could provide credibility and trust for more people to experiment with crypto. Although BlackRock had to refile their application with the SEC, Jensen says he remains optimistic about the eventual approval.

He emphasized the need for proper regulation to ensure the industry's stability and growth. And if approved, a Bitcoin ETF could lead to greater knowledge and utilization of crypto, with individuals allocating a portion of their net worth to digital assets along with accelerating the introduction of central bank digital currencies (CBDCs) like the digital dollar in the U.S.

Contact Details

Proactive Investors

+1 347-449-0879

View source version on

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info