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VanEck Executive: Expects Spot Bitcoin ETF to be "Very Strong" in the Second Half
2024/01/12 19:27
Matthew Sigel, Director of Digital Assets Research at VanEck, stated that he expects the spot Bitcoin ETF to be "very strong" in the second half of the year. VanEck can compete with larger rivals as major investment advisors slowly shift their attitudes to allow clients exposure to Bitcoin. Sigel believes that the slow adoption by other Wall Street firms is because they are working to incorporate Bitcoin into their asset allocation models, a process that takes time.
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