Tether CEO Paolo Ardoino predicts more bitcoin buy-in from funds post spot bitcoin ETF approval
Tether CEO Paolo Ardoino predicts bitcoin will increasingly integrate into traditional finance, with hedge funds, pension funds, and corporations showing growing interest in the world's first cryptocurrency. Companies will also keep bitcoin on their balance sheets, Ardoino said, adding that spot bitcoin ETFs have since provided legitimacy. So far, only a handful of companies have bitcoin holdings including Tesla, Inc. and MicroStrategy Inc., according to CoinGecko.
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