CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2024-06-17 10:23:41

BlackRock: Bitcoin ETFs Bridge Gap to Traditional Finance

Despite slower-than-anticipated adoption, Bitcoin ETFs are slowly attracting investors according to BlackRock’s chief investment officer, Samara Cohen. Whereas initially popular among self-directed investors, institutional interest is seeing a rise, lately. At present, approximately 80% of Bitcoin ETF purchases come from “self-directed investors,” mostly through online brokerage accounts. The iShares Bitcoin Trust (IBIT) is among the The post BlackRock: Bitcoin ETFs Bridge Gap to Traditional Finance appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.