![Bitcoin (BTC) Traders Eye Support at $40K as Bitcoin ETF Shaurya Malwa](https://btcusa.com/wp-content/uploads/2024/01/Bitcoin-BTC-Traders-Eye-Support-at-40K-as-Bitcoin-ETF-678x381.jpg)
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“Bitcoin ETFs will be transformative for the industry, allowing for vastly greater access from traditional wealth management – their launch will bring new investment into bitcoin from pensions, endowments, insurance companies, sovereign wealth, retirement plans, trusts, and many more,” shared Henry Robinson, founder at crypto fund Decimal Digital Group, in an email to CoinDesk.
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