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Approval of Spot-Bitcoin (BTC) ETF appears to prompt fund managers to turn to cryptocurrencies
This is being touted as crypto’s big breakthrough on Wall Street: the imminent arrival of Bitcoin exchange-traded funds that will open up digital currency investing to the institutional and retail masses.
This is what motivates the latest hype cycle In the world’s largest token, it’s betting that wealth managers and financial advisors will finally start devoting a small portion of their trillion-dollar portfolios to the crypto promise.