Bitcoin (BTC) and Crypto Related Stocks Are Ripe for Institutional Adoption: Bernstein

While this is true, โ€œwe see bitcoin ETFs as on the cusp of approvals at major wirehouses and large private bank platforms in Q3/Q4,โ€ analysts Gautam Chhugani and Maihka Sapra wrote. Spot bitcoin ETFs were approved for the first time in the U.S. in January, dramatically broadening access to the worldโ€™s biggest cryptocurrency.

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