Spot BTC ETF Approval Would Bring RIAs, Retirement Funds, More Institutions to Crypto: Coinbase

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“The opportunity is potentially much greater than just enabling new capital to access the crypto market,” as ETFs “will ease the restrictions for large money managers and institutions to buy and hold bitcoin, which will improve liquidity and price discovery for all market participants,” wrote David Duong, head of institutional research at Coinbase.


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