BITO - Crypto ETFs: Ether Not An Either/Or Story With Bitcoin

2024-06-14 08:00:00 ET

Summary

• The launch of spot bitcoin ETFs seemed like a major milestone in this saga.
• Bitcoin prices have surpassed their 2021 peak and are now around $70,000, and technology/artificial intelligence has revitalized interest in riskier growth assets.
• The potential spot ether ETF launch is exciting news for both the crypto and the ETF world, but ETF investors interested in crypto have several decisions to make.

Some may love crypto and some may hate it, but cryptocurrencies have undeniably shaken up the financial markets. That excitement has spread into the ETF world, which marked a perfect union between cryptocurrency (the new digital frontier) and ETFs (which are typically on the edge of innovation). The launch of spot bitcoin ETFs seemed like a major milestone in this saga. But excitement did not die down after the launch, and talk about spot ether ETFs have kept the momentum going....

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