SEC Approves Bitcoin ETFs, Boosting Southeast Asia Crypto Investment with Insights from Mike Novogratz, CEO of Galaxy Digital

The SEC has approved bitcoin ETFs, expected to boost crypto investment in Southeast Asia. Market has already factored in approval, with mainstream adoption anticipated in six months. Mike Novogratz, CEO of Galaxy Digital, predicts increased retail demand for digital assets through ETFs. He believes traditional finance will drive bitcoin's evolution and criticizes outdated regulations and societal issues. Analysts foresee a gradual institutional entry into the market, starting with IRAs and extending to pension and endowment funds.