Wall Street heavyweight files for bitcoin trust amid rising institutional demand.
Morgan Stanley eyes the spot bitcoin ETF market
Wall Street heavyweight files for bitcoin trust amid rising institutional demand.
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A number of U.S. states have rejected the idea of using bitcoin as a reserve asset due to its volatility, the report said.
Citi's $243 price target suggests roughly 34% upside from last night's close just above $181.
Traders are likely to treat geopolitical headlines as catalysts for volatility rather than clear directional signals for crypto prices.
Coinbase alone registered a net outflow of over 15,000 BTC Wednesday, hinting at a major institutional purchases of coins.