Bloomberg analyst: The US SEC's permission for on-chain stock trading will not have a significant impact on the market share of crypto ETFs
U.S. Securities and Exchange Commission may allow stocks to be traded on the blockchain like cryptocurrencies. In response to this, Bloomberg's senior ETF analyst Eric Balchunas wrote an analysis on X platform, stating that the scale of trading stocks on the chain may not be as large as imagined, as native cryptocurrency users already have their preferred ways to purchase investment products, so it may not have a significant impact on the market share of cryptocurrency ETFs.
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