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Seeking Alpha 2021-10-26 00:54:59

The Music Is Playing For Crypto: Shall We Dance

The recent startup ETF called ProShares Bitcoin Strategy has provided a platform for the investor enthusiasm that is now being experienced for cryptocurrencies.The ETF has raised $1.2 billion faster than anyone else on record reflecting the interest that exists in this sector of the economy.Still, cryptocurrencies have established little reason for their existence and continue to fall short on providing the transparency needed to build up greater trust.The spread of Crypto is accelerating and regulators and traditional banking must respond quickly with more substance in order to avoid any serious disruptions on the horizon.

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