$10 Billion Bet: Are Traditional Bitcoin Investors Finally Embracing ETFs?
Submitted by Anonymous (not verified) on Wed, 03/06/2024 - 16:20Bitcoin soared to $69,018 on Tuesday, up from $44,000 at the begin
Bitcoin soared to $69,018 on Tuesday, up from $44,000 at the begin
VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in
SEC approval in January opened up the market to a new generation of investors but there are still advantages to directly owning crypto that ETFs ca
Ripple CEO Brad Garlinghouse said in an interview with Bloomberg that ETFs from other cryptocurrencies aside from BTC and ETH are inevitable.
Saylor argues that there is an increased demand for Bitcoin, largely influenced by investor appetite for spot Bitcoin ETFs.
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.
Ether is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.
With a roster of bitcoin ETFs already trading, companies will need to figure out how to differentiate their products.
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