Family offices raise crypto bets as Bitcoin ETFs bring legitimacy
Asian family offices and private wealth managers are increasingly embracing digital assets as the advent of Bitcoin ETFs pushes the sector further into the mainstream.
The approval of Bitcoin spot exchange-traded funds (ETFs) in January brought significant institutional capital to the digital asset market and enhanced the sector’s reputation, according to a new study by digital-assets infrastructure provider Aspen Digital, in collaboration with the Family Office Association of Hong Kong and advisory firm SBI Digital Markets.
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