“The fifth bitcoin bull market appears to be primarily driven by the expectations of institutional adoption,” the report said. “Bitcoin’s characteristics, which were traditionally associated with assets like gold and other safe-haven investments such as Treasury bonds, have led institutions to consider Bitcoin for diversifying their asset allocation.”
ETF Exodus: Bitcoin Funds Bleed $400M—What’s Subsequent?
On Thursday, U.S. spot bitcoin and ethereum ETFs hit a snag, snapping a streak of inflows. Ethereum Funds Falter as...
