Summary
The approval of spot ETFs and inflow of billions of dollars into Bitcoin does not make it a good investment or a superior payment method, according to central bankers.
Key Points
1. The approval of multiple spot ETFs by the U.S. SEC has led to billions of dollars pouring into Bitcoin.
2. Despite this influx of investment, central bankers caution that Bitcoin may not necessarily be a good investment.
3. Additionally, central bankers argue that Bitcoin may not be a better means of payment, despite its growing popularity and acceptance.