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 <li>Tom Busby thinks approving the BlackRock ETF would bring cash into the crypto market.</li> 
 <li>Cryptocurrencies related to Bitcoin will gain the most from the BlackRock ETF.</li> 
 <li>Busby believes Bitcoin’s current status is important for market development.</li> 
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 Tom Busby of <a href="https://www.youtube.com/watch?v=J2rECRIenME" target="_blank" rel="noopener noreferrer nofollow">CryptoBusy YouTube</a> thinks approving the BlackRock ETF would bring cash into the crypto market. He believes cryptocurrencies related to Bitcoin will gain the most from the cash injection. 
 In a recently uploaded video, Busby outlined the ETF and the altcoins that would benefit. Busby states Bitcoin’s current status is important for market development with the expected approval of <a href="https://coinedition.com/digitalizing-gold-blackrock-ceo-pitches-bitcoin-to-investors/" rel="noopener noreferrer nofollow">BlackRock ETF</a>. He highlighted Bitcoin’s market dominance, which stood at 50% during his analysis, amid a massive crypto market cap of nearly $1.2 trillion. 
 Based on Bitcoin’s status, Busby believes one of the sectors that would benefit from a BlackRock ETF approval is the Bitcoin NFTs sector. Bitcoin NFTs are also known as Bitcoin Ordinals. They are a new class of products that allow users to create and store digital artifacts on the Bitcoin blockchain, providing an extra use case for the Bitcoin blockchain. 
 Busby highlighted… 
 The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ordinals-and-stx-among-projected-beneficiaries-of-blackrock-etf/">Ordinals and STX Among Projected Beneficiaries of BlackRock ETF</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.
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Ordinals and STX Among Projected Beneficiaries of BlackRock ETF

Coin Edition

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