🔘Nate Geraci, lead analyst and head of The ETF Store, expressed dissatisfaction with a Bloomberg article regarding the role of cryptocurrencies in the economy. He emphasized that journalists need to develop a deeper understanding of the crypto industry to capture its complexity and true value.
🔘As an example, he pointed to spot crypto ETFs, which hold 1.03 million bitcoins (4.9% of the total supply). This demonstrates growing interest from institutional investors. However, mainstream media continue to view digital currencies as risky assets, despite their applications extending beyond mere speculation.