Weller stated that spot ETFs, in contrast to futures-based merchandise, might “basically alter the availability and demand image” for bitcoin, making it accessible for a brand new set of buyers. That is particularly so now that bitcoin has regained its “uncorrelated asset” lure by decoupling from equities and rallying as U.S. shares have entered correction territory, he added.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase keeps circling the same problem because...
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