Today I read a piece of news that I wanted to share with you all, the content in question is about how the provider of exchange-traded cryptocurrencies in Europe is optimistic about bitcoin spot ETFs in the United States.
The aforementioned article was uploaded by Helen Partz, who indicated that "CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the company has introduced its offerings to qualified U.S. investors."
For Partz, "CoinShares' entry into the U.S. market comes at a time when many U.S. cryptocurrency companies are looking to expand their business outside of the country due to existing regulatory hurdles."
One of the things that caught my attention is that "unlike many critics of U.S. cryptocurrency regulation, CoinShares believes that the U.S. is a world leader in terms of digital asset development."
Additionally he also stated that "CoinShares remains loyal to Europe. "CoinShares remains committed to Europe. Our HFS is registered in both the U.S. and the U.K."
SOURCES CONSULTED
Cointelegraph. CoinShares says US not lagging in crypto adoption and regulation. Link
@lupafilotaxia, the image was taken from: Dailyhodl 