VanEck Executive: Expects Spot Bitcoin ETF to be "Very Strong" in the Second Half
Matthew Sigel, Director of Digital Assets Research at VanEck, stated that he expects the spot Bitcoin ETF to be "very strong" in the second half of the year. VanEck can compete with larger rivals as major investment advisors slowly shift their attitudes to allow clients exposure to Bitcoin. Sigel believes that the slow adoption by other Wall Street firms is because they are working to incorporate Bitcoin into their asset allocation models, a process that takes time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vivendi Reports 997,771,611 Issued Shares as of Oct. 31
Tether Treasury destroys 2 billion USDT on the Ethereum blockchain
100 million USDC were burned on the Solana chain, worth 100 million dollars.
BUZZ - As crude oil prices plummet, US airline and cruise stocks rise
Crypto prices
More
