) is surging following speculation that the Securities and Exchange Commission may approve ether ETFs. VettaFi Investment Strategist Cinthia Murphy joins Wealth! to discuss cryptocurrency ETFs and what the latest news could signal for the sector.
Now, this comes as Bitcoin surges to 71,000 thanks to increased spot ETF buying as part of the ETF report brought to you by invest QQQ joining me. I is it immediately clear where if we see massive inflows into crypto specific spot ETF S like we've seen with Bitcoin or like we're about to see potentially with Ether or Ethereum, where else in the ETF landscape is set to see perhaps some outflows as there's more of perhaps uh fanfare or attention that gets drummed up for the Cryptocurrency touching ETF S.
I mean, there's been a ton of fanfare around this and it's precious metals really and the counterparts, the gold and silver also up this year.Yeah, metals have been a great story this year and on the copper side is that industrial metal story, I mean, copper is key to just about everything we're trying to do from energy transition to industrial manufacturing, all sorts of things.
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