Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Tether CEO predicts more funds will increase their holdings of Bitcoin

Tether CEO predicts more funds will increase their holdings of Bitcoin

2024/02/28 06:38

On February 28th, according to The Block, Tether CEO Paolo Ardoino predicted that Bitcoin will increasingly integrate into traditional financial sectors. Interest in the world's first cryptocurrency is growing, including interest from hedge funds, pension funds, and corporations. Ardoino, who is also the Chief Technology Officer of Bitfinex, made these remarks during an online event hosted by the exchange platform on Tuesday with Blockstream CEO Adam Back. During the live broadcast, Ardoino stated that with the approval of a spot Bitcoin ETF in the United States expected soon, more fund managers will be interested in incorporating Bitcoin into their portfolios. He also mentioned that fund managers are increasingly interested in raising their allocation of Bitcoin in their portfolios to five percent.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!