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