Financial Advisors Exercise Caution Despite Spot Bitcoin ETFs’ Success
Samara Cohen, BlackRock’s chief investment officer for index investments, has noted that financial advisors remain cautious about spot Bitcoin exchange-traded funds (ETFs) despite their recent success. Cohen attributes this caution to the inherent volatility and the relatively nascent stage of Bitcoin and its ETFs. Spot Bitcoin ETFs’ Success Since their debut in January 2024, spot…