Institutional Investment in Bitcoin Hinges on Approval of US Bitcoin ETF

Cryptocurrency observers are keenly aware of a developing situation: the potential introduction of a Bitcoin exchange-traded fund (ETF) in the United States. Ernst Youngs leading blockchain professional, Paul Brody, weighed in on the topic, emphasizing that institutional interest in Bitcoin is at an all-time high. Yet, this enthusiasm is largely on standby due to the current lack of a sanctioned spot Bitcoin ETF by US regulatory bodies. Brody, during an appearance on CNBCs Crypto Decrypted on October 23, shared insights into the possible inflow of massive institutional investments into...

source: https://tokenpost.com/Institutional-Appetite-for-Bitcoin-Awaits-US-ETF-Approval-Notes-Ernst-Young-Expert-10866

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Published by: Book Club
Source: NewsService