Despite the introduction of Bitcoin ETFs, the cryptocurrency market is not experiencing a substantial boost. Experts believe it will take time for these funds to make a significant impact.
Investors express concern over Bitcoin’s volatility and potential price drop
Investors remain cautious about the potential volatility of Bitcoin and are concerned about its plunge below $20,000 this year, as indicated by a recent Deutsche Bank survey.
One Bitcoin ETF emerges as a leading player with impressive asset accumulation
However, the early winner in the Bitcoin ETF race has managed to accrue $1 billion in assets, suggesting potential growth in the future.