It remains to be seen if the Securities and Exchange Commission will grant any of the latest spate of applications for a bitcoin exchange-traded fund. But the recent push for one from companies such as BlackRock could point to a more important trend for the token: the arrival of institutional investors.
In a research note on 26 June, analysts for Bernstein said traditional financial institutions seem to see a huge commercial opportunity in giving investors access to crypto assets and that the so-called crypto winter of the...
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