Crypto exuberance is hitting overdrive thanks to the game-changing launch of Bitcoin ETFs — with seven issuers now pushing US regulators to greenlight funds tracking Ether, the world’s second-largest cryptocurrency.
Yet the exchange-traded fund crowd — including those who battled to secure US Securities and Exchange Commission Chair Gary Gensler’s approval last time around — have a sobering message for digital-currency proponents: Not so fast.
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