“Digital currency-backed exchange-traded funds will likely make their way into “model portfolios” toward the end of 2024, according to BlackRock’s chief investment officer for exchange-traded funds (ETFs).”
Coin Telegraph
BTC/Altcoin prices are currently moving significantly lower reflecting tech stocks and the unwinding of the JPY carry trade position following a Bank of Japan rate hike on July 31.
BTC could even go below the $45K institutional buy range. 10% daily price swings are not rare. This chart was prepared at the end of June 2024.
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