As bitcoin ETF growth slows, a new wave of investors could push adoption

can even talkWaning enthusiasm around the bitcoin ETFs expressed by recent outflows threatens to fade the Year of Bitcoin — but that could change given the effort underway.When spot bitcoin ETFs debuted, some advisers and adviser networks got to work immediately, but even those efforts have required time., which has roughly 13,000 affiliated wealth advisers, was one of them, according to Matt Fries, head of investment products at the firm.

The firm was aware of client demand around the bitcoin ETFs — albeit from a "specific type of investor" — and wanted to "find a way to get comfortable" with offering the products on their platform, he says. He described it as an all-hands situation, in which various parts of the firm got to work — analyzing the 11 spot bitcoin ETFs available, thinking about risk controls around exposure, and how to educate/train their advisers.Ahead of that announcement, some of the more gung-ho advisers completed required training and passed a test, Fries says, adding that their supervisors also had to complete training.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Franklin Templeton launches Ethereum ETF, listed on DTCCFranklin Templeton launches Ethereum ETF (EZET) listed on DTCC. Availability for creation and redemption signals ETF supply adjustment but doesn’t guarantee SEC approval of Ether ETF.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin ETF Issuers to Face Legal Nightmare, Peter Schiff PredictsSchiff has predicted that the issuers of Bitcoin ETFs would soon face legal troubles
Source: Utoday_en - 🏆 295. / 63 Read more »

SEC Delays Decision on NYSE Proposal for Spot Bitcoin ETF Options TradingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Spot Bitcoin ETF Approvals Bring Forward Post-Halving Rally, Says Marathon CEOThe CEO of Marathon, America's largest crypto mining firm, believes that the approval of spot Bitcoin ETFs has attracted capital into the market and accelerated the post-halving rally. He also mentioned that the halving event would have a small impact on prices.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

GBTC outflows overpower spot bitcoin ETF inflowsSpot bitcoin exchange-traded funds in the United States experienced net outflows yesterday after four straight days of inflows.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Doubt Cast on Approval of Ether ETF by SECIssuers of spot bitcoin exchange-traded funds express uncertainty over the approval of an ether ETF by the U.S. Securities and Exchange Commission (SEC). VanEck CEO predicts rejection of the firm's ether ETF application.
Source: CNBC - 🏆 12. / 72 Read more »