Bloomberg Analyst: Bitcoin ETFs Account for 90% of Global Crypto Fund Assets and Will Maintain a High Share Long-term
According to Foresight News, Bloomberg ETF analyst Eric Balchunas stated that Bitcoin ETFs account for 90% of global cryptocurrency fund assets. Although there may be a large number of altcoin/meme ETFs launching this year, their contribution will be limited, and Bitcoin's long-term share is expected to remain at least 80-85%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Micron Technology (MU.O) removed from Bank of America's "US 1 List" investment recommendation list

KWAP Acquires 557,200 Johor Plantations Shares
USD/JPY: Japanese growth surprise risk – ING
Truist raises ConocoPhillips target price to $142
