Financial Institutions Eye Crypto Moment as SEC Weighs Bitcoin ETFs
-
Leading financial institutions awaiting SEC decision on Bitcoin ETFs, which could mark a pivotal moment in crypto's evolution.
-
Multiple factors driving institutional interest in crypto, including upcoming Bitcoin halving, crypto's uncorrelated nature, and macro conditions.
-
Need for robust due diligence given crypto's unique risks, as seen in FTX collapse.
-
Comprehensive framework should cover governance, compliance, operations, financials, and risk management.
-
Responsible institutional participation is key for sustainable growth and integration of crypto into broader financial system.