EddieJayonCrypto
18 Jan 24
Kraken CEO David Ripley has forecasted a positive outlook for Bitcoin exchange-traded funds (ETFs) and clarified the timeline for the crypto exchange's introduction into the custody product sector. He emphasizes the simplified acquisition of crypto for new investors through spot Bitcoin ETFs, but no...
Kraken CEO David Ripley forecasts a positive projection for Bitcoin exchange-traded funds (ETFs) and emphasizes the simplified acquisition of crypto for new investors through spot Bitcoin ETFs. However, he notes that they fall short of offering the extensive exposure available through products on crypto exchanges.
Kraken is set to launch its custody product this quarter, emphasizing strong security and asserting that the exchange has one of the strongest when it comes to security. Meanwhile, BlackRock and Bitwise have launched television advertisements to appeal to the masses for Bitcoin ETFs.
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