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Investors looking to diversify their portfolios may allocate some of their assets to bitcoin through the ETF, viewing it as a store of value or an uncorrelated asset class.

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It signals that bitcoin is evolving from a niche asset class to one accepted and regulated within the traditional financial system.Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc.

profit from ai driven solutions that analyze customer sentiment and boost conversions ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!Or its owners and affiliates.Todd Groth was the Head of Index Research at CoinDesk Indices.

He has over 10 years of experience involving systematic multi-asset risk premia and alternative investment strategies.

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