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CryptoIntelligence 2024-04-14 21:55:58

Bitcoin ETFs Surge in Popularity Among Retail Investors in 2024, Yet Major Banks Remain Cautious

Bitcoin ETFs Surge in Popularity Among Retail Investors in 2024, Yet Major Banks Remain Cautious

In 2024, Bitcoin exchange-traded funds (ETFs) have drawn considerable attention, primarily fueled by the retail sector, while major banks and traditional financial institutions remain on the sidelines. During an interview at Paris Blockchain Week, VanEck CEO Jan van Eck shared insights with Cointelegraph about the dynamics shaping the Bitcoin ETF market in the United States. Jan van Eck expressed his surprise at the rapid success and high volume of capital flowing into these ETFs, which have seen days with inflows in the billions of dollars. “I was surprised, but I don’t think it’s traditional investors yet. “I still think 90%

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