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TechFlow News — A senior director at Moody's Analytics emphasized that the "race to launch spot bitcoin exchange-traded funds (ETFs) is heating up," noting that major asset management firms are "preparing to acquire the underlying asset, bitcoin, in order to offer ETFs to retail and institutional investors."
Moody's Analytics, a subsidiary of Moody's Corporation, primarily engages in non-rating activities.
A senior director at Moody's Analytics emphasized that the "race to launch spot bitcoin exchange-traded funds (ETFs) is heating up," saying major asset managers are "positioning themselves to acquire the underlying asset—bitcoin—to offer ETFs to retail and institutional investors."
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