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BlackRock’s Bitcoin ETF application is the ‘holy grail’ of exposure for TradFi, says analyst

The Scoop

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Bitcoin Futures ETFs: The Holy Grail of Crypto Exposure

This is like the holy grail of Bitcoin exposure in the trad five markets as far as I'm concerned. Futures we were concerned a little bit. Honestly, the futures ETFs have done better than we expected. But if Bitcoin goes into a massive bull market and what's called the curve steepens, then all the sudden those futures funds aren't going to track as well over the long term.

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