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Investments news
Asset management giant BlackRock said it has launched a spot bitcoin (BTC) private trust. It is available to US institutional clients and seeks to track the performance of bitcoin. "Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients in how to efficiently and cost-effectively access these assets using our technology and product capabilities," they added.
The latest quarterly Charles Schwab Trader Sentiment Survey revealed that traders are notably bearish on cryptocurrencies (63%) in the current quarter. Few traders plan to buy crypto, and for those who do, most are not first-time crypto investors. 66% of the respondents said they do not own crypto and have no plans to; 20% own but are not investing further; 13% own crypto and will...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...