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Cryptocurrencies: 12,870
Markets: 940
Marketcap: $ 2.06 T(0.18%)
24h Vol: $ 77.17 B
BTC Dominance: 48.69%

Bitcoin ETF Growth Outlook and Advisor Sentiment Mixed

Key Takeaways

A recent analysis by financial firm Needham suggests that registered investment advisors (RIAs) may drive future growth for bitcoin exchange-traded funds (ETFs). However, the research also found mixed interest among advisors and their clients:

  • Most advisors expect 5% to 10% of clients to eventually own a bitcoin ETF, pointing to potential future growth.
  • Yet many clients currently show little interest in bitcoin or crypto, though that could change if prices rise substantially.
  • Currently, only 11% of non-bitcoin holders say they are likely to buy a bitcoin ETF.

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The Sandbox Launches NFT Market on Polygon Blockchain

The metaverse gaming platform The Sandbox has launched a new NFT marketplace on the Polygon blockchain, allowing lower fees and transactions for creators: sandboxgame.medium.com/the-nft-marke…

WisdomTree Surpasses $100 Billion in AUM

Asset manager WisdomTree saw record growth in 2023 to surpass $100 billion in assets under management, driven by model adoption and European expansion:businesswire.com/news/home/202…

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