Institutional demand driven by Bitcoin ETFs will bring “new highs in 2024,” With halving just a few months out, all eyes are on Bitcoin miners’ performance. The crypto sector is primed to pop and picked two key mining stocks for investors to get exposure. It is time to really consider “Buy Bitcoin — and its miners.” As of now, most of the US-listed miners look relatively well positioned. The halving which is slated for April 20, will see the Bitcoin network cut the rewards it doles out to miners by half. Miners receive rewards – today, it’s 6.25 Bitcoin – for maintaining the network and verifying transactions. These outfits will essentially be expected to continue the same work for less reward, tightening the field and putting pressure on any inefficient miners. The event occurs every four
Finally Approved! Will You Invest in Spot BTC ETF?
SEC approved 11 bitcoin ETFs. The spot bitcoin ETFs are expected to begin trading on Thursday. Spot Bitcoin ETFs offer retail investors a convenient avenue to invest in cryptocurrency assets. -------------------------- Will you invest in spot BTC ETFs? Among 11 ETFs, which one is your pick? Will miner companies fall after ETF being approved?
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