The big question surrounding bitcoin after its ETF approval
The cryptocurrency has dropped more than 10 per cent in less than a fortnight following the excitement surrounding the SEC’s green light, and pockets of hostility remain.
Bitcoin made a huge stride this month, one that helped shift it from the fringes of the investment universe closer to becoming a mainstream financial product.
But the digital currency has yet to resolve one key question: will its extreme price volatility stop it from being accepted as a way to hold wealth?
Loading...
Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com