Bitcoin’s safe-haven features could provide ‘solid support’ fo | Crypto World ICOs

Bitcoin’s safe-haven features could provide ‘solid support’ for spot ETFs, Kaiko says

As Bitcoin keeps outperforming traditional safe-haven assets like gold or bonds, providers of spot Bitcoin exchange-traded funds (ETFs) are likely to double down on their new products. Bitcoin’s (BTC) asymmetric returns and low correlation could serve as “solid support” for the recently launched spot Bitcoin ETFs, given that institutional players are likely to continue fueling the ongoing enthusiasm for crypto ETFs.

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