The new ETFs will soon Matthew Sigel, head of digital financing for crypto companies and investment firm that offers one relatively muted, he says. Bitcoin experts aren't buying because based on investor activity.
It will still be volatile, but it could be easier to sell the investment and recoup the investment. Crypto investors became more and more convinced that the SEC would approve a years-long effort from fund companies to bring a spot bitcoin exchange-traded fund to market, a move crypto boosters expected to stoke demand for the popular coin. That doesn't necessarily mean it's time to pile in, though.
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