#BitwiseBitcoinETF

The approval of spot bitcoin ETFs has led to a significant increase in the price of bitcoin, which exceeded the $100,000 mark in 2024.

As a result, large institutional investors, such as hedge funds and investment companies, began actively incorporating bitcoin into their portfolios through these ETFs.

However, despite this progress, it is important to consider that the cryptocurrency market is still characterized by high volatility.

Investors should carefully assess the risks and make informed decisions when investing in such instruments.