COINOTAG reported on December 25 that Jay Jacobs, the Head of Strategy at Belridge, highlighted the immense potential in the cryptocurrency market, specifically emphasizing Bitcoin and Ethereum. Jacobs noted that the current engagement with Bitcoin and Ethereum exchange-traded funds (ETFs), namely IBIT and ETHA, represents merely a fraction of what could be achieved. He expressed that the company is prioritizing these assets as they are merely scratching the surface of broader opportunities in the crypto landscape. Furthermore, Jacobs suggested that as the market matures, clients may increasingly pivot towards ETF offerings that encompass new altcoins, enhancing diversification. This insight aligns with the growing trend of institutional investment in digital assets, underscoring that the evolution of ETF products may significantly amplify exposure and adoption of cryptocurrencies.
Source: https://en.coinotag.com/breakingnews/unlocking-potential-belridges-focus-on-bitcoin-and-ethereum-etfs-as-market-grows/