Bitcoin Fundamentals Have Never Looked Better: Bernstein

Another tailwind is the approval of a U.S.-listed spot bitcoin exchange-traded-fund (ETF), which will make it easier for companies and retail to gain access to the cryptocurrency. โ€œU.S. bitcoin ETF is on track for an early 2024 approval, as the Securities and Exchange Commission (SEC) continues to engage on the applications from leading asset managers,โ€ the authors wrote.

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