Analyst: Under Trump's administration, companies and pension funds will find it easier to hold BTC
According to Investmentnews, eToro market analyst Josh Gilbert said that under the Trump administration, it was easier for companies and pension funds to hold assets like Bitcoin, so we will continue to see funds flowing into ETFs.
This month, spot Bitcoin ETFs issued by issuers such as BlackRock and Fidelity Investments have attracted $6.2 billion in funds so far in November. The previous peak was $6 billion reached in February when investors were excited about these products launched at the beginning of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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