Bloomberg ETF analyst: Bitcoin ETF will gain more adoption from large institutional funds
Odaily report: Bloomberg ETF analyst Eric Balchunas posted on X platform that Bitcoin investors are overall younger, while gold investors are older. As volatility and correlation with other assets stabilize, Bitcoin will be increasingly adopted by large institutional funds; at the same time, Bitcoin ETFs have higher market attention and sales promotion capabilities, with dozens of wholesale institutions familiar with both the cryptocurrency and traditional investor markets educating investors about Bitcoin ETFs.
