Ernst & Young's Paul Brody reveals the immense institutional appetite for Bitcoin. But this demand remains untapped, awaiting the green light on a spot #Bitcoin ETF. Brody, speaking on CNBC, emphasizes that regulatory-sanctioned avenues, like ETFs, are essential for institutional involvement.
The U.S. SEC's regulatory process is under close scrutiny, with Grayscale and other giants seeking ETF approvals. Recent amendments show promise, according to ETF analyst Eric Balchunas, suggesting we're on the brink of a major shift. As the regulatory landscape evolves, massive institutional investments in Bitcoin may be just around the corner. 🚀💰📈 #Binance #BTC #ETF $BTC
