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The collapse of crypto exchange FTX saw many of its executives get charged with crimes in 2022 and caused many to question whether crypto could survive as an investment. But then the industry experienced a huge rebound in 2023. If nothing else, the volatility of Bitcoin and other popular coins can make cryptocurrencies an attractive trading vehicle and creates the potential for some traders to profit. More notably is the recent decision by the Securities and Exchange Commission's SEC to approve spot bitcoin ETFs. These are exchange-traded funds that are tied to the digital assets spot price ndash or where it is trading at right now so that it can be bought for immediate delivery. This differs from futures prices, which are where the cryptocurrency is expected to be trading in the future. Futures traders buy contracts that lock in this price for a delivery of the asset at a later date.


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