$1 Million Bitcoin? Companies Preparing For An Institutional Surge ...Middle East

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$1 Million Bitcoin? Companies Preparing For An Institutional Surge
Caitlin Long, founder and chief executive officer of Custodia Bank, speaks during the Bitcoin 2023 … [+] conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. The three-day conference is touted by organizers as “the biggest annual celebration of Bitcoin in the world.” Photographer: Eva Marie Uzcategui/Bloomberg © 2023 Bloomberg Finance LP Mark Yusko, CEO of Morgan Creek Capital management predicts $300 billion in inflows once a bitcoin ETF is approved by the SEC. “Institutional investors have been cautious about entering the crypto space due to regulatory uncertainties and concerns about custody,” Yusko offered in the interview. He posits that a spot ETF would ease those conc

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