Morgan Stanley: SEC Approval of BTC ETF Will Not Have Significant Impact on Cryptocurrency Market
2023-07-07 09:00
Odaily News: JPMorgan released a report stating that the SEC's approval of BTC ETFs will not bring significant changes to the cryptocurrency market. Chief analyst Nikolaos Panigirtzoglou pointed out that such ETFs have been available in Canada and Europe for a while but have failed to attract a large number of investors.
The report suggests that Bitcoin funds have not attracted many investors since the second quarter of 2021 and have not attracted funds flowing out of gold exchange-traded funds either. (Coindesk)
The report suggests that Bitcoin funds have not attracted many investors since the second quarter of 2021 and have not attracted funds flowing out of gold exchange-traded funds either. (Coindesk)
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