Bitcoin ETFs Gain Favor with Advisors, Hedge Funds Less Enthusiastic

Quick Summary:

A market study by Coinbase analysts reveals that advisor interest in Bitcoin spot ETFs is increasing while hedge funds are reducing their exposure.

The report highlights that institutional inflows into U.S.spot Bitcoin ETFs surged in Q2 2024 even as Bitcoin prices experienced significant volatility.

Major investment advisors, including Goldman Sachs and Morgan Stanley, have […]

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: Bitcoin ETF Cryptocurrency Bitcoin News Market Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 12:50:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 148 words

Reading Time: 1 minutes read

Sentences: 47 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22116624

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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