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5min chapter
Institutions' Slow-Motion Crypto Embrace
What Goes Up
Bitcoin Spot ETF
Nearly $1 billion worth of Bitcoin was recently moved to cold storage. "We most definitely still are in the race to see that Holy Grail of the Bitcoin spot ETF get approved," says Mike Boulden, founder and chief executive officer of BTC-E. The move is bullish because it means buyers don't plan on selling or putting their money in a safe for the long term,. he adds.
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