Bitcoin price LIVE: Crypto-fund assets explode to all-time high as first-ever ETF launched

Analysts have suggested that the launch of the bitcoin futures ETF will simplify access to cryptocurrencies for retail investors.

Martha Reyes, head of research at crypto exchange Bequant said: “It can attract flows from investors who prefer the ease of an ETF over the perceived risk of an exchange.

However, other analysts have warned that the fund invests in Chicago-traded futures, not directly in bitcoin.

Thus, any immediate implications for flows could be limited.


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