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Bitcoin ETFs Another Milestone Indicated by Bitwise CEO
In a recent tweet, the CEO of Bitwise, Hunter Hulley, announced another milestone in the cryptocurrency market. According to the survey conducted by Bitwise, a staggering 96% of financial advisors have reported that their clients have asked about the opportunities presented by the crypto sphere at least once in 2024.
This is the highest-ever reading from advisors in the seven years that Bitwise has been conducting this survey. The data suggests that interest in cryptocurrency and blockchain technology continues to grow exponentially, with more investors seeking guidance on how to participate in this rapidly evolving market.
The significance of this survey cannot be overstated. It provides a clear indication that institutional investors are increasingly interested in exploring the potential of digital assets as an investment option. As such, it is not surprising that Bitcoin ETFs have been gaining attention and popularity in recent months.
In the context of these findings, the demand for regulated products like Bitcoin ETFs (Exchange-Traded Funds) becomes even more apparent. The development of these instruments has been a long-awaited milestone in the growth of the cryptocurrency market.
Source: u.today
