🚨 Crypto Market Update 🚨
According to reports, Morgan Stanley’s wealth advisers will soon be able to recommend Bitcoin (BTC) exchange-traded funds (ETFs) to their clients. This move marks a significant step towards greater mainstream adoption of Bitcoin.
Currently, Bitcoin is trading at $62,993. The network difficulty has reached an all-time high, increasing pressure on the mining community as they work to keep up with the growing computational demand.
Meanwhile, Ethereum (ETH) is seeing positive momentum with inflows into Ethereum ETFs flipping positive again, despite Grayscale’s Ethereum Trust experiencing a $2 billion outflow. This shift indicates renewed interest and confidence in Ethereum’s long-term prospects.
Stay tuned for more updates on these developments and their potential impact on the crypto market.