(BPT) - On Jan. 10, 2024, the Securities and Exchange Commission (SEC) approved several exchange-traded funds (ETFs) that invest directly in Bitcoin, paving the way for "the largest debut month of any ETF in 30 years" when they opened for trading the very next day, according to Cointelegraph.com. Reuters reported that U.S.-listed bitcoin ETFs Grayscale, BlackRock and Fidelity led the field in heavy trading volumes of Bitcoin ETFs as soon as the market opened on Jan. 11.
This evidence of a surge of interest in Bitcoin, while many financial professionals still regard it as involving significant risk, shows no signs of slowing down, at least in the near future.
A platform that makes it easy to use cryptocurrency
If your business is interested in having the ability to use Bitcoin, you might think that doing so would be overly complicated.
But today, Bitcoin is becoming more usable, thanks to software-as-a-service (SaaS) style products like those from industry-leading Bitcoin-development platform Voltage. Voltage allows businesses to provide customers with a technological solution designed to make Bitcoin transactions seamless via the Lightning Network, which helps speed transaction times and decreases network congestion.
Voltage empowers engineering teams with Bitcoin-centric infrastructure that enables enterprise-grade experiences. By leveraging Voltage, your company will receive the fastest and most scalable Lightning Network solution that meets the highest security and privacy standards.
Upgraded features
Voltage has recently revamped several of its processes and services to meet all of its customers' needs and requests. Top updates include features such as:
- Streamlined dashboard combines the ability to manage your node and view your data in one dashboard, making it more straightforward to see everything happening with your account.
- Team collaboration features allow you to add users to your team, granting them specific types of access.
- Simplified pricing options make it easier to pay only for those services you need and to scale and adapt your plan as your needs grow. The Voltage billing platform now conforms closer to a standard SaaS product, so all users can select a plan based on their usage and required features.
"Based on the recent upsurge in trading in Bitcoin ETFs alone, we anticipate a significant increase in network participants for Bitcoin on-chain and the Lightning Network in 2024," said Voltage Founder and CEO Graham Krizek. "To meet this influx, we constantly strive to provide the best possible experience and rock-solid platform on the market today."
Experiencing the next generation of building on Bitcoin via the Lightning Network is now easier than ever. Voltage is a one-stop shop for your organization's Bitcoin payments, data, and analytics needs during rapid technological changes and market shifts. Learn how at Voltage.cloud.