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Spot BTC ETFs Are Bullish despite US Fed s Hawkish Stance

Spot BTC ETFs Are Bullish despite US Fed s Hawkish Stance
coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.

ABC Business - WOND

Westend61/Getty Images(NEW YORK) Trading is set to begin for a new type of bitcoin fund that gives investors access to the crypto market without some of the hassle and fees of owning bitcoin outright. Freshly approved by federal regulators, bitcoin ETFs Exchange-Traded Funds allow investors to buy an asset that tracks the price movement of bitcoin. Fidelity, BlackRock and a host of other top investment firms have already begun to offer the product. Bitcoin ETFs promise major potential gains but also notable downsides, presenting investors with a wide range of outcomes that will test their tolerance for risk, analysts told ABC News. Investors could capitalize on a possible rise in the price of bitcoin if a flood of money into Bitcoin ETFs vaults the cryptocurrency into mainstream markets, they said. However, investors should be prepared to weather the asset s considerable volatility as well as uncertainty stemming from its association with issues of fraud and mismanagement in

Business - KSYL-AM

Westend61/Getty Images(NEW YORK) Trading is set to begin for a new type of bitcoin fund that gives investors access to the crypto market without some of the hassle and fees of owning bitcoin outright. Freshly approved by federal regulators, bitcoin ETFs Exchange-Traded Funds allow investors to buy an asset that tracks the price movement of bitcoin. Fidelity, BlackRock and a host of other top investment firms have already begun to offer the product. Bitcoin ETFs promise major potential gains but also notable downsides, presenting investors with a wide range of outcomes that will test their tolerance for risk, analysts told ABC News. Investors could capitalize on a possible rise in the price of bitcoin if a flood of money into Bitcoin ETFs vaults the cryptocurrency into mainstream markets, they said. However, investors should be prepared to weather the asset s considerable volatility as well as uncertainty stemming from its association with issues of fraud and mismanagement in

Business - Carroll Broadcasting Inc

Westend61/Getty Images(NEW YORK) Trading is set to begin for a new type of bitcoin fund that gives investors access to the crypto market without some of the hassle and fees of owning bitcoin outright. Freshly approved by federal regulators, bitcoin ETFs Exchange-Traded Funds allow investors to buy an asset that tracks the price movement of bitcoin. Fidelity, BlackRock and a host of other top investment firms have already begun to offer the product. Bitcoin ETFs promise major potential gains but also notable downsides, presenting investors with a wide range of outcomes that will test their tolerance for risk, analysts told ABC News. Investors could capitalize on a possible rise in the price of bitcoin if a flood of money into Bitcoin ETFs vaults the cryptocurrency into mainstream markets, they said. However, investors should be prepared to weather the asset s considerable volatility as well as uncertainty stemming from its association with issues of fraud and mismanagement in

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