Andy Bromberg, the Co-Founder of CoinList, a platform for running compliant token sales is sure that the crypto community is no longer dependent on a bitcoin exchange-traded fund (ETF). In a recent interview with Yahoo Finance, Bromberg expressed his opinion, according to which the bitcoin ETF would not probably play a key role in the upcoming bull run.
"I’m not sure the bitcoin ETF matters as much anymore," Bromberg told Yahoo Finance just right before the SEC had delayed its decision on VanEck/SolidX bitcoin ETF.
"We’re increasingly seeing that retail brokerages are going to offer bitcoin to their clients. Once you see that, once you see this widespread adoption, you don’t necessarily need the ETF anymore," he added.
Earlier this month, bitcoin (BTC) succeeded to overcome a psychological barrier and broke above $8,000 for the first time since July 2018.
At press time, bitcoin is trading at $7,937 (-2.45%), according to CoinMarketCap.
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