Bitcoin ETF Approvals Gained’t ‘Essentially’ Imply Extra Portfolio Allocations, Moody’s Analysts Say

“We’re not saying that, for bitcoin, yesterday’s announcement is not going to be important,” mentioned Vincent Gusdorf, senior vice chairman, DeFi and Digital Property (DFDA) at Moody’s. “It’s important and institutional traders’ entry into this market might be a type of a watershed second for the crypto business.”