Bitcoin.com
2023-12-06 03:30:24

Large Asset Managers Getting Ready to Buy BTC Ahead of Spot Bitcoin ETF Launches, Says Moody’s Director

A senior director with Moody’s Analytics has highlighted the biggest driver behind the recent bitcoin price surge. “The race is heating up” to launch spot bitcoin exchange-traded funds (ETFs), he explained, emphasizing that large asset managers are “getting ready to acquire the underlying asset to offer the ETF to retail and institutional investors.” Biggest Driver

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