What is happening?

With the introduction of a #BitcoinETF, institutional investors may feel compelled to invest in #Bitcoin as part of their #fiduciarDuties.

Diversifying portfolios with assets exhibiting different correlations becomes crucial, especially when traditional assets like bonds and stocks show increasing #correlation.

Meeting fiduciary responsibilities involves seeking optimal risk-adjusted returns, and incorporating #Bitcoin can provide a non-traditional, uncorrelated asset that aligns with this objective.