“One thing we’ve heard quite frequently is that clients are approaching and investing in this space away from the advisory relationship, which undermines advisors’ ability to deliver cohesive holistic advice for their clients,” Louvar said. “One way they’re looking to bridge the gap is through regulated products to provide access, like a spot bitcoin ETF, which we’ve seen in foreign markets, but not in the U.S. I’m not sure whether this framework will speed up approval for a spot bitcoin ETF, but hopefully it will help.”
Related posts
-
Bitcoin (BTC) Price Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility; Aptos, Near, Hedera Outperform
Bitcoin (BTC) surged to $70,500 earlier during the day from around $67,000, then shed 2% in... -
Crypto and the 2024 U.S. Election
“Divided government is likely the most important outcome for crypto as we believe that is what... -
Crypto Has ‘Already Won’, Regardless Trump Or Harris: Bitwise
Este artículo también está disponible en español. Matt Hougan, Chief Investment Officer of Bitwise Asset Management,...