Bitcoin ETFs are at a key milestone. Why crypto watchers say there's still time to get in on the rally
Publishing timestamp: 2024-12-13 09:46:40
Summary
Bitcoin exchange-traded funds have surpassed $100 billion in assets under management less than a year since their launch, with no sign of demand slowdown. Experts believe that individuals and institutions can benefit from allocation to this red-hot ETF category, as it is liquid, regulated, and provides more access to digital coins. The regulatory landscape, including President-elect Donald Trump's picks for key positions, is seen as a positive factor driving the surge in crypto prices and the proliferation of crypto ETFs in the market. Regulatory tailwinds may open up even more opportunities for bitcoin ETFs in the future.
Sentiment: POSITIVE
Tickers: BTC.CM=,
Keywords: bitcoin, sec, breaking news, investment strategy, exchange-traded funds, wall street, markets, government and politics, stock markets, bitcoin/usd coin metrics, business news, donald trump, cryptocurrency, catastrophe, regulatory agencies,
Source: https://www.cnbc.com/2024/12/13/how-to-invest-in-bitcoin-after-the-record-setting-run.html