The surge in demand for Bitcoin among institutional investors is set to hit new heights, particularly if a spot Bitcoin exchange-traded fund (ETF) is approved in the coming months, according to an Ernst & Young executive.
In a CNBC’s StreetSigns special appearance, Ernst & Young executive Paul Brody stated that institutional investors are now setting their sights on the world’s largest cryptocurrency by market cap. ... Read More: Bitcoin Spot ETF Approval Likely to Trigger Buying Rally: EY Executive