Six out of top 10 traditional ETF issuers remain cautious of entering Bitcoin market

exchange681 week ago

0 0 2 minutes read

As Bitcoin ETFs hit the market on January 11, 2024, the landscape of digital asset investment was forever changed. Heavyweights like Blackrock and Fidelity have spearheaded this revolution, drawing massive investments. Amid this frenzy, the iShares Bitcoin ETF stands out, amassing an astonishing $20.5 billion this year. Yet, a surprising twist lies in the actions of top financial giants who have chosen to stay on the sidelines. Why have Vanguard, Charles Schwab, and JP Morgan…? Discover the intriguing reasons behind their hesitation—exclusively in Alpha.

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