[2025-02-20] The latest IT, economic, blockchain and coin news
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2025-02-20 | Curator: CryptoTerminal
Crypto ETFs are 'Dragging Along' the Negatives of Traditional Finance: Sygnum
Wall Street’s adoption of crypto ETFs has brought billions into Bitcoin and Ethereum, but Swiss-regulated digital asset bank Sygnum argues these funds weaken crypto’s core benefits. Speaking with Decrypt at Consensus in Hong Kong on Wednesday, Max Stuedlein, head of strategic digital asset solutions at Sygnum Bank, argued that the "regular market hours" that crypto exchange-traded funds operate with for compliance have become a hindrance to unlocking the value of crypto. In such use cases, inves...