Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether
Bitcoin ETFs Mean ‘Substitution’ From Gold Into BTC Will Continue, Says Cathie Wood
Cathie Wood, the CEO of investment manager ARK Invest, said there is a “substitution” from gold into bitcoin (BTC) under way, and the availability of spot exchange-traded funds (ETFs) will extend that trend. While the price of the largest cryptocurrency is primarily denominated in fiat currencies, usually the U.S. dollar, even relative to gold BTC […]