Traditional finance’s embrace of crypto continued to gather pace this week as ETF issuers and large asset managers publicly made the case for Bitcoin (BTC) as a core portfolio holding—while macro and geopolitical risks kept pressure on broader ‘risk assets’. Osprey Funds, an ETF issuer with roughly $500 million in assets under management, used a live CNBC appearance to argue that investors should treat Bitcoin as a ‘new asset class’ rather than a niche trade.
Source: Read the original article
