BlackRock: Bitcoin ETFs Bridge Gap to Traditional Finance

Despite slower-than-anticipated adoption, Bitcoin ETFs are slowly attracting investors according to BlackRock’s chief investment officer, Samara Cohen. Whereas initially popular among self-directed investors, institutional interest is seeing a rise, lately. At present, approximately 80% of Bitcoin ETF purchases come from “self-directed investors,” mostly through online brokerage accounts. The iShares Bitcoin Trust (IBIT) is among the The post BlackRock: Bitcoin ETFs Bridge Gap to Traditional Finance appeared first on Coin Edition .

Source: Coin Edition