Bitcoin ETF and institutional, Adam Back reveals what to expect soon
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BlackRock, for instance, sees enormous potential in Bitcoin and has consistently bet on the digital asset to go bullish. Recently,, lauded Bitcoin as a “portfolio diversified” and compared it to gold. This came after the asset manager recorded $525 million of Bitcoin ETF inflows.Given this awareness update, market watchers predict stakeholders might soon begin consolidating their positions ahead of time to profit from the expected price rally.
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