This article was originally published by Mickey Koss on Forbes.com
Mark Yusko Prediction
Mark Yusko, CEO of Morgan Creek Capital management predicted $300 billion in inflows once a bitcoin ETF is approved by the SEC. “Institutional investors have been cautious about entering the crypto space due to regulatory uncertainties and concerns about custody,” Yusko offered in an interview.
He posits that a spot ETF would ease those concerns by offering institutions a regulated and secure way to add bitcoin to their portfolios. In the wake of the now approved BlackRock’s bitcoin ETF filing, professional money managers are more optimistic than ever about the odds of an…
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