Analysts: Bitcoin's recent surge may have given investors a false sense of security
2024-11-29 15:12:57
State Street Global Investment Management Corporate Chief Golden Strategy Strategistdesk3cryptocurrencydesktopCrypto News
George Milling-Stanley, chief gold strategist at State Street Global Investment Management, believes bitcoin's recent surge may have given investors a false sense of security. "In simple terms, bitcoin is an investment looking for a return, which suggests investors are piling into bitcoin for capital gains, not because they see value or a use for it," says Mr. Milling-Stanley. The launch last week of options based on spot bitcoin ETFs, which allow investors to put in less cash to bet on bitcoin's price moves, rather than buying bitcoin itself, may have something to do with this.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析师：比特币最近飙升可能给投资者带来了虚假的安全感Next article：
DOT突破9美元
