“While there are likely multiple factors driving the price of bitcoin right now, there is no question ETFs are playing a starring role,” said Nate Geraci, president of the ETF Store. “The convenience of the ETF wrapper has unlocked a significant new source of demand in the form of retail investors, advisors, and institutional investors who didn’t want to hassle with buying bitcoin directly from crypto exchanges.”
Related posts
-
$99K Bitcoin Reacts To Gensler’s SEC Departure Announcement
Este artículo también está disponible en español. Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a... -
First Cash-Settled Bitcoin Options to Debut on Cboe
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot... -
Cboe to launch first cash-settled options for spot Bitcoin
Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price...