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Bloomberg ETF analyst: Traditional financial institutions are interested in Bitcoin ETFs, which will help improve capital flows and demand

Bloomberg ETF analyst: Traditional financial institutions are interested in Bitcoin ETFs, which will help improve capital flows and demand

CointimeCointime2024/10/27 02:22
By:Cointime

data shows that in the past four years, among the 1,800 ETFs that began trading, BlackRock's iShares has had the highest inflow of funds. Bloomberg ETF analyst James Seyffart believes that the reason for the rapid influx of funds is partly due to investors wanting to invest in Bitcoin for some time, and traditional financial institutions being interested in Bitcoin ETFs, which helps improve liquidity and demand.

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