Japan urged the U.S. to return to the trade pact, but Biden refused. He sees free trade the same way as Trump, saying it will only benefit China at the cost of the U.S.
Feeling a sense of crisis about the lack of U.S. presence in regional trade frameworks, the Biden administration launched the IPEF to regain influence, calling for the creation of common rules for goods and services transactions in four fields -- trade, supply chains, clean economy and fair economy.
The best thing the ETF can do is create more awareness and legitimize Bitcoin. This could lead to increased adoption of Bitcoin. The ultimate goal is for people to hold and use Bitcoin, not just shares in an ETF