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The #cryptocurrency market continues to experience high levels of volatility, but Bitcoin is showing resilience. According to Michael Silberberg, Head of Investor Relations, Alt Tab Capital, while the recent #ETF outflows worth nearly 1 billion dollars have caused a retracement in the market, the price volatility of #Bitcoin is still within normal ranges. Although the initial record-breaking inflows into ETFs may begin to slow, it's worth noting that these ETFs have just been launched. Therefore, it will take some time for RIAs, marketers, and wealth managers to be allocated to the space. We see this as just the beginning of a long path of growth for this asset class. Full story here: https://lnkd.in/dPfznzCA

Bitcoin price struggles below $71k, but Morgan Stanley may add ETF support within weeks

Bitcoin price struggles below $71k, but Morgan Stanley may add ETF support within weeks

kitco.com

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