BlackRock Managing Director Says Spot Bitcoin ETFs Are Satisfying 'Pent-Up Demand'

Spot Bitcoin BTC/USD ETFs are helping to meet demand for bitcoin, which had been building up for a while, according to BlackRock Managing Director Tony Ashraf. "What we're really seeing over the past couple of months is that pent-up demand being satisfied because of the ETFs" said Ashraf on a panel about bitcoin ETFs at the Digital Asset Conference in London. 

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Disclosure: 82% of retail CFD accounts lose money

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