
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst.
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The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in these investment vehicles.
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The asset manager saw record ETF inflows at the beginning of the year, helping it surpass the $10 trillion mark.
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Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-traded fund (ETF), he predicts that other pension funds will make similar announcements. “Bitcoin now has the regulatory approval and I think that was […]
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BlackRock questioned the SEC’s preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and crypto-futures ETFs.
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Bitcoin’s future is overwhelmingly bright, and short-term price pressures should not distract investors from a future global asset class, says the Capriole Investments founder.
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AI could prove to be a boon for investors looking for gains in today’s “unusual” market.
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Michael Shaulov believes that while recent Bitcoin ETF filings could see new institutional money flow to Bitcoin, that in itself didn’t drive previous price surges.
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