Binary trading platforms with better performance and payouts
Spot etf
Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records.
For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether ETFs earlier this year.
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto’s David Liang.
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.
Darwood Khan from Alix Partners looks at on-chain analytics, tracing tools and just how much illicit activity leverages crypto and discusses why advisors should learn about blockchain technology.