Close Menu
    What's Hot

    U.S. Senate Advances Towards Enacting Pivotal Stablecoin Legislation

    Jun. 17, 2025

    Bitcoin Power Struggle: Strategy and BlackRock Now Have Control of Over 1.3 Million BTC

    Jun. 17, 2025

    Binance Plans for THORChain Upgrade, Temporarily Suspends RUNE Transfers

    Jun. 17, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home ยป Bernstein Major Financial Institutions to Begin Accepting Bitcoin
    Bitcoin

    Bernstein Major Financial Institutions to Begin Accepting Bitcoin

    By adminJun. 19, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Bernstein Major Financial Institutions to Begin Accepting Bitcoin
    Bernstein Major Financial Institutions to Begin Accepting Bitcoin
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Global asset management company Bernstein believes that the value of Bitcoin (BTC) and related companies is underestimated, and is ready to be adopted by institutions.

    Bernstein claims that according to cryptocurrency bear markets, trading of spot Bitcoin exchange-traded funds (ETFs) is declining, as most early allocations come from retail investors, while most institutional demand is for “basic spot self-trade” rather than new net long positions.

    The bank’s analysts stated: “Although this is the case, we believe that Bitcoin ETFs will soon be accepted by major banking institutions and major private banking platforms in the third/fourth quarter.”

    Read more:


    Bitcoin loses momentum, but this does not mean the bull market is over
    “Institutional base trading appears to be the ‘adopted Trojan horse,’ with these investors now evaluating net long positions as they feel more confident in improving ETF liquidity,” the author also claimed.

    The report points out that a large influx into Bitcoin ETFs will accelerate in the third and fourth quarters, with the next stage of adoption being driven by large advisors who recognize ETFs and allocate reserves from existing portfolios.

    Brokers expect the flagship cryptocurrency to rise to around $2 million by 2025, $5 million by 2029, and $10 million by 2033.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleRussia and North Korea Unite to Confront the West
    Next Article Good News for Nvidia as Stock Price Rises 35 in Encryption Lawsuit Against Company

    Related Posts

    Bitcoin Power Struggle: Strategy and BlackRock Now Have Control of Over 1.3 Million BTC

    Jun. 17, 2025

    Is Bitcoin on Track for a 2021 Repeat? Analysts Raise Concerns as Price Stagnates

    Jun. 16, 2025

    Saylor Advocates for U.S. to Accumulate Bitcoin Before Global Competition Intensifies

    Jun. 16, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    U.S. Senate Advances Towards Enacting Pivotal Stablecoin Legislation

    News Jun. 17, 2025

    A pivotal vote in the U.S. Senate could soon reshape how stablecoins are regulated, as lawmakers pre…

    Bitcoin Power Struggle: Strategy and BlackRock Now Have Control of Over 1.3 Million BTC

    Jun. 17, 2025

    Binance Plans for THORChain Upgrade, Temporarily Suspends RUNE Transfers

    Jun. 17, 2025

    Is Bitcoin on Track for a 2021 Repeat? Analysts Raise Concerns as Price Stagnates

    Jun. 16, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.