“I can say that for our client base, bitcoin is overwhelmingly the number one focus and a little bit Ethereum,” he said during a fireside chat at the Friday Bitcoin Investor Day conference in New York.
Part of the reason why the asset manager – which in previous years had been opposed to bitcoin – decided to launch a bitcoin ETF was because clients were consistent and enduring in expressing their interest in bitcoin through both bull and bear markets, Mitchnick said.its tokenized asset fund, BUIDL, on the Ethereum network, with asset tokenization company Securitize acting as a transfer agent and tokenization platform.
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