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The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
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![Bitcoin ETF Approval Comparable to 'Naked Emperor’s New Clothes,’ ECB Officials Say](https://bankingandinsurance.in/wp-content/uploads/https://www.coindesk.com/resizer/_KQRZcTXwMkVbBCmZMUaKrmywZM=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/F7BZ47BBX5DXBCM4P2PPS2MTEI.jpg)
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The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
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