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https://www.ft.com/content/a3c06f8f-34ad-4065-bcf4-97670230824f

While acknowledging bitcoin’s “extreme volatility” and limited record, Michl highlighted wider investor interest in bitcoin since BlackRock and other companies last year launched bitcoin exchange traded funds. He also pointed to US President Donald Trump’s pledges on deregulation and the growing influence of cryptocurrency executives over his administration. In an executive order last week, Trump set up a working group to evaluate the creation of a national digital asset stockpile.