The introduction of spot Bitcoin ETFs has attracted a fresh influx of investors, driving a notable increase in trading volume. This trend has generated a wave of optimism that extends beyond Bitcoin itself.
The executive expressed doubt regarding the occurrence of a “flippening,” a scenario where Ethereum surpasses Bitcoin as the leading crypto asset. However, he anticipates that Ethereum will surpass Bitcoin in terms of performance. This cautious approach by financial institutions has affected the listing of ETFs related to crypto assets as well, with the SEC once again delaying its decision to approve or reject BlackRock and Fidelity’s spot Ethereum ETF.
Source: Digital Coin News (digitalcoinnews.net)
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