Tether CEO Paolo Ardoino Forecasts Increased Bitcoin Investments from Funds After Spot Bitcoin ETF Approval

Tether CEO Paolo Ardoino predicts a rise in interest from fund managers to include bitcoin in their portfolios following the approval of a spot bitcoin exchange-traded fund in the U.S. He anticipates that hedge funds, pension funds, and corporations will show growing interest in integrating bitcoin into traditional finance. With the approval of spot bitcoin ETFs, Ardoino believes that companies will increasingly hold bitcoin on their balance sheets, citing political unrest as a potential driving factor. He also anticipates that policymakers and regulators will have to adapt to the growing embrace of bitcoin, similar to the evolution of the bitcoin ETF story.

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