Because it’s a more presumptuous, regulated way to allocate capital into the crypto market. Check out Coinbase and MicroStrategy stocks in 2023 – they outperformed Bitcoin, and that’s no chance. These ETFs will open the floodgates for Registered Investment Advisors (RIAs), pension funds, and hedge grants to get in on the action. Plus, investment banks will start concocting new products based on these ETFs and the CBOE is awaiting accept to begin listing options on these new ETFs.
Check Also
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …