Cryptocurrency Market Expected to Transform into an Asset Management Industry

Bernstein, the investment giant, released a recent research report stating that the launch of spot-based Bitcoin exchange-traded funds (ETFs) in the US is expected to attract more capital to the market and transform the cryptocurrency market into an officially regulated asset management industry managing over $500 billion in assets in the next five years. In its latest report, Bernstein expects the cryptocurrency fund management business to make a significant breakthrough following the approval of spot Bitcoin ETFs in the US. The post Cryptocurrency Market Expected to Transform into an Asset Management Industry appeared first on COINTURK NEWS.