Cryptoverse: Bitcoin ETFs take $50 bn baby steps toward bigger milestone

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Cryptoverse: Bitcoin ETFs take $50 bn baby steps toward bigger milestone - Business Standard

Quick Summary:

That's when the next test will arrive: whether model portfolios, one-stop investment products that financial advisers increasingly rely on when making asset allocation decisions, will add them to the mix.

Some market players say bitcoin is inherently speculative, more akin to art or fine wine than gold and commodities, driving volatility and risk.

If bitcoin ETFs are at least on their way to emerging as part of the investment mainstream, the future is murkier for spot ethereum ETFs.