Bernstein tells investors in a research note that Bitcoin corrected 6% on rumors of an ETF rejection by an independent crypto trading firm’s report, but this was more of a hypothetical opinion and believes in view of the SEC following the ruling of the court in the Graysacale case, the SEC has limited room but to approve the ETF. The firm believes that all price dips to the ETF are market opportunities to buy Bitcoin/Bitcoin miners. Publicly traded companies in the space include Bit Digital (BTBT), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Platforms (RIOT), Stronghold Digital Mining (SDIG) and TeraWulf (WULF).
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