🚀 Crypto News: RIAs - The key to the next development of BTC! 📈
🔹 Crypto ETFs have attracted $60B from retail investors and hedge funds, but need RIAs to expand the market.
🔹 ETFs in the US are worth $9T, RIAs can account for 30-50% of this cash flow.
🔹 However, 55% of RIAs are still not interested in crypto due to concerns about volatility and regulation.
🔹 Crypto ETFs are changing attitudes, with many RIAs starting to explore BTC and ETH ETFs.
🔹 Fund managers expect crypto ETFs to account for 5% of RIAs' portfolios.
🔹 Large wirehouses like Bank of America, JPMorgan Chase are considering adding BTC to their investment portfolio model.
🔹 ETH staking could be the next growth catalyst, although currently blocked by regulation.
What do you think about the future of crypto ETFs? Comment below! 💬