Cryptocurrency
Bitwise exec: bitcoin ETFs would offer investors, advisors a new way to gain crypto exposure
As reported on The Block, “According to Bitwise Asset Management COO Teddy Fusaro, bitcoin exchange-traded funds (ETFs) would provide a needed addition to the ecosystem of crypto products. “As Fusaro puts it on the latest episode of The Scoop, Fusaro said he believes there is a real demand for bitcoin ETF out there. This extends to […]
As reported on The Block, “According to Bitwise Asset Management COO Teddy Fusaro, bitcoin exchange-traded funds (ETFs) would provide a needed addition to the ecosystem of crypto products.
“As Fusaro puts it on the latest episode of The Scoop, Fusaro said he believes there is a real demand for bitcoin ETF out there. This extends to financial advisors and their clients, who would gain a kind of access to bitcoin markets in the same way they can access other forms of investment.
“The asset management firm withdrew its bitcoin ETF proposal in January after first filing it a year prior, having eight meetings with the SEC since then. In Sep. 2019, Cboe BZX Exchange pulled back its VanEck/SolidX bitcoin ETF proposal after the SEC repeatedly postponed the decision deadline…”