Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday.
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- Source: https://www.coindesk.com/markets/2023/08/14/bitcoin-spot-etf-approval-could-help-power-up-a-new-crypto-cycle-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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