How Morgan Stanley’s ETF move is spurring Bitcoin’s ‘second-wave adoption’

Quick Summary:

Wirehouses are about to jump into the Bitcoin Spot ETF market now!

For perspective, the massive demand seen in H1 2024 was mainly from individual retail investors, hedge funds, asset managers, and venture capitalists (VCs).

It remains to be seen whether the influx of wirehouses will change the current market trend and help BTC’s price.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: News 1 Social Bitcoin News BTC Trading View Trading View Ambcrypto Featured

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 10:00:45 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 560 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21905505

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #103

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