Beam CEO Andy Bromberg shared his thoughts on the implications of a spot Bitcoin ETF approval for the crypto market. While acknowledging that a spot ETF could broaden the accessibility of crypto, Bromberg expressed concerns that it might deviate from core crypto ethos such as self-custody and financial sovereignty. Despite these reservations, Bromberg hopes that a spot ETF could serve as an entry point for individuals to gain exposure to crypto and lead them to explore the technology further. He also stressed the need for the crypto industry to build user-friendly products for mainstream consumers, catering to those who might initially engage with crypto through an ETF. Additionally, Bromberg remains optimistic about the future of on-chain payments, particularly for cross-border transactions.