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Richard Bernstein: Bitcoin ETFs are a siren song, not proof of concept


Well-established financial institutions might want to be wary of speculation without a broader transactional use for crypto. Proof of concept typically means evidence that a design idea is feasible. Cryptocurrency enthusiasts have suggested that the approval of bitcoin ETFs by the US Securities and Exchange Commission this week is

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Posted: January 12, 2024 Friday 12:14 PM