A bitcoin ETF is a way for people to invest in bitcoin using traditional methods. This could make the digital currency more accessible to the masses. But that's not all. Bitcoin advocates also want to see banks offer bitcoin services, such as allowing people to save or invest for retirement in bitcoin.
This could be a tough sell for some bitcoin fans, who see the cryptocurrency as an independent currency that doesn't need banks. But if banks can make it easier for more people to buy bitcoin, it could become even more valuable and attractive.
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