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Coin Edition 2024-08-17 12:50:00

Bitcoin ETFs Gain Favor with Advisors, Hedge Funds Less Enthusiastic

A market study by Coinbase analysts reveals that advisor interest in Bitcoin spot ETFs is increasing while hedge funds are reducing their exposure. The report highlights that institutional inflows into U.S. spot Bitcoin ETFs surged in Q2 2024 even as Bitcoin prices experienced significant volatility. Major investment advisors, including Goldman Sachs and Morgan Stanley, have The post Bitcoin ETFs Gain Favor with Advisors, Hedge Funds Less Enthusiastic appeared first on Coin Edition .

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