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Wall Street is turning Bitcoin into just another stock, warns investment strategist

Jordan Finneseth

Feb 20, 2024

Our Chief Investment Strategist, Victoria Bills, recently spoke with Jordan Finneseth of Kitco news, on the evolving landscape of Bitcoin and its growing correlation with traditional markets. 

 

Victoria on the transformation of crypto and the impact of Spot Bitcoin ETFs said, “The launch of the spot BTC ETFs have been somewhat of a double-edged sword for crypto, where it provided stability in pricing, increased accessibility to the market, whether that's indirectly or directly, but has also caused an increased correlation with mainstream markets.” 


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