The Battle of ETFs, Bitcoin vs Ethereum
The news in the market are not other than the approval for new ETFs, based on the spot price of Ethereum. Many brokers have already been out in the market and promote the new products to their clients.
A guy that no one was expecting to favor this move was Microstrategy’s CEO, Michael Saylor. The same guy in the past had expressed his concerns regarding Ethereum and how much it can move as a commercial project.
In parallel, he was buying Bitcoin for his funds.
Now, he seems to change his mind and hold a more favorable stance regarding Ethereum. Indeed, he mentioned that cryptos can hold a larger portion in large portfolios (more than the current 1 %) to 5 % or 10 %.
The institutional recognition has worked in favor of all parties and we will see more good things in the short-term future…………
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If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).
