“While there are likely multiple factors driving the price of bitcoin right now, there is no question ETFs are playing a starring role,” said Nate Geraci, president of the ETF Store. “The convenience of the ETF wrapper has unlocked a significant new source of demand in the form of retail investors, advisors, and institutional investors who didn’t want to hassle with buying bitcoin directly from crypto exchanges.”
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...