Because it is a more familiar and regulated way to allocate capital to the cryptocurrency market. Check out Coinbase and MicroStrategy stocks for 2023. Both stocks outperformed Bitcoin, and that’s no coincidence. These ETFs will open the floodgates for registered investment advisers (RIAs), pension funds, and hedge funds to get in on the action. Investment banks will also begin creating new products based on these ETFs, and the CBOE is awaiting approval to begin listing options on these new ETFs.
The rise of Bitcoin and Ethereum portends a promising year for digital assets.
By Crypto Flexs1 Min Read