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ETFs pushing crypto into the mainstream
- Financial Advice
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- 02.09.24
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The ETF industry is driving cryptocurrencies closer to mainstream acceptance in 2024, as crypto gains relevance in political campaigns and attracts new investor interest. While initial flows into Ethereum ETFs have been slow, the outlook is positive, with expectations for a rebound later this year. Wealth platforms are emerging as a new source of Bitcoin ETF demand, and there is potential for Bitcoin ETF options and a crypto index ETF by year-end. the US presidential election unfolds, the crypto market could see increased volatility, depending on regulatory developments and political stances....