BlackRock Managing Director says spot bitcoin ETFs are satisfy | Bitcoin | Ethereum | Altcoin
BlackRock Managing Director says spot bitcoin ETFs are satisfying 'pent-up demand'
Spot bitcoin ETFs are helping to meet demand for bitcoin, which had been building up for a while, according to BlackRock Managing Director Tony Ashraf. "What we're really seeing over the past couple of months is that pent-up demand being satisfied because of the ETFs," said Ashraf on a panel about bitcoin ETFs at the Digital Asset Conference in London. Ashraf noted that new investors are entering the crypto space because ETFs are providing a newer level of access to many investors.
