Open Access allows fiber infrastructure to be shared by multiple service providers, whether that be internet, wireless, or other services, thereby delivering ... Residents can find more information on construction and community events by following ...

Farmington, Farmington Hills to Join SiFi Networks’ $70M Fibercity Project

Information Services Corp (TSX:ISV:CA) Wednesday announced a new contract through its Technology Solutions segment. ISC said it has secured a $3.2 million (approx. CA$4.5 million) contract with the State of Michigan for a period of five years, with the ...

ISC’s technology solutions segment wins contract with the State of Michigan

Intuitive (Nasdaq:ISRG) announced that it appointed Align Technology executive Sreelakshmi Kolli to its board of directors.

Intuitive appoints Align Technology exec to its board

Cedars-Sinai is creating a digital health strategy using AI tools and virtual care to improve patient experience and reduce physician burnout. Learn more about

Cedars-Sinai patients seeing payoff from AI tools

Hitachi, Ltd. is reorganizing its global organizations to further accelerate the creation of synergies with OT (Operational

Hitachi Enhances Services and Collaboration with Strategic Alignment of Vantara Entities and New Digital Division

Istec, affiliated with the Generalitat Valenciana, and Norway’s Signicat have launched a digital certificate solution to aid Spanish citizens and residents in Europe in obtaining digital certificates for identity verification, consent, will, or authorship, without in-person procedures.

Istec and Signicat Launch Cross-Border Digital Certificate Solution

SWL ICS wanted to measure their information technology infrastructure maturity against an internationally recognised benchmark.

Protected: HIMSS INFRAM: South West London ICS – SWL Health & Care Partnership

SheerID, the global leader in identity verification for commerce, today announced significant product updates to further increase sales with gated, pe

SheerID Expands Identity Verification Platform to Increase Sales In-Store and Online

Health’s Shakuri-Rad Family Center for Minimally Invasive and Robotic Surgery is the first center in West Virginia to integrate the Intuitive Hub, a digitally connected interface that enables surgeons to be virtually connected in real time,

Hub integrated for robotic surgery

Through this collaboration, 20 science, technology, engineering, and mathematics (STEM) educators from Brazil and Nigeria will be invited to join the 12-month Limitless Global Educator Program and access a carefully curated space education curriculum.

IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria

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Overcoming Limitations in Scaling Biomedical Syllogistic Reasoning

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Your Updated Guide to Building a Multi-language Asp.Net 8 MVC Application: Alternative Approach 

INX, a marketplace known for its regulated trading of security tokens and tokenized real-world assets, has joined forces with Backed, a pioneer in asset tokenization, to bring a wider array of stocks into the digital realm. Building on the success of their tokenized Nvidia stock, INX and Backed have now introduced a fresh lineup of digital assets to their platform. Eligible investors outside the United States can now trade tokenized versions of some of the most sought-after stocks in the market: Tesla, Microsoft, Google, and even the much-discussed GameStop. New Listings The new tokenized stocks available on the INX platform include: Tesla (bTSLA)


Microsoft (bMSFT)


Google (bGOOGL)


GameStop (bGME) These assets are created under EU securities laws and tokenized on the Polygon Proof of Stake (PoS) network. Each token is backed one-to-one by its corresponding underlying stock, with ownership conveyed through the blockchain ledger. But what exactly are these tokenized stocks? Imagine taking a traditional share and giving it a digital makeover. These new assets, created under EU securities laws and brought to life on the Polygon Proof of Stake network, represent a one-to-one relationship with their underlying stocks. It's as if each share has been given a unique digital twin, with ownership recorded on a blockchain ledger instead of traditional books. The expansion doesn't stop there. INX has its sights set on even broader horizons. In the coming weeks, they plan to unveil their first tokenized ETF – a digital version of the S&P 500 ETF. Alongside this landmark addition, tokenized Apple stock and BlackRock's iShares Treasury ETF are also slated to join the roster. It's a move that signals a growing bridge between the worlds of traditional finance and digital assets. What makes these tokenized stocks stand out? For starters, they offer a level of flexibility that traditional stocks can't match. Imagine being able to trade your favorite stocks 24 hours a day, 7 days a week. Or picture holding your stocks not in a brokerage account, but directly in your own digital wallet. These tokens even open doors to the world of decentralized finance, potentially serving as collateral for loans or other innovative financial products. Of course, with innovation comes the need for robust safeguards. Backed has ensured that these tokenized assets are issued under an EU prospectus, providing a layer of transparency for eligible investors. The underlying value is secured with a licensed custodian, and token holders have primary claims to this collateral. It's a blend of cutting-edge technology and traditional financial security. For now, this digital stock revolution is accessible to non-US residents and approved customers on the INX platform. Interested investors can dive in by creating an account and completing the necessary checks. What's particularly intriguing is the ability to fund these investments with cryptocurrency, further blurring the lines between traditional and digital finance. As we witness this merger of Wall Street and the blockchain, questions naturally arise. Could this be the future of stock trading? Will we see a day when all stocks have digital counterparts? While it's too early to say for certain, one thing is clear: the financial landscape is changing. Traditional assets are finding new homes on digital ledgers, potentially opening up global markets in unprecedented ways. This expansion of tokenized stocks represents more than just a new investment option. It's a glimpse into a possible future where financial assets move freely across digital platforms, where trading hours are a thing of the past, and where the average investor has more direct control over their assets than ever before. As the dust settles on this latest development, the financial world watches with bated breath. Will this be the spark that ignites a wider adoption of tokenized assets? Only time will tell. But for now, it's clear that the lines between traditional finance and the digital frontier are becoming increasingly blurred, potentially reshaping how we think about investing in the digital age. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR INX , a marketplace known for its regulated trading of security tokens and tokenized real-world assets, has joined forces with Backed, a pioneer in asset tokenization, to bring a wider array of stocks into the digital realm. Building on the success of their tokenized Nvidia stock, INX and Backed have now introduced a fresh lineup of digital assets to their platform. Eligible investors outside the United States can now trade tokenized versions of some of the most sought-after stocks in the market: Tesla, Microsoft, Google, and even the much-discussed GameStop. INX New Listings The new tokenized stocks available on the INX platform include: Tesla (bTSLA) Microsoft (bMSFT) Google (bGOOGL) GameStop (bGME) Tesla (bTSLA) Tesla (bTSLA) Microsoft (bMSFT) Microsoft (bMSFT) Google (bGOOGL) Google (bGOOGL) GameStop (bGME) GameStop (bGME) These assets are created under EU securities laws and tokenized on the Polygon Proof of Stake (PoS) network. Each token is backed one-to-one by its corresponding underlying stock, with ownership conveyed through the blockchain ledger. But what exactly are these tokenized stocks? Imagine taking a traditional share and giving it a digital makeover. These new assets, created under EU securities laws and brought to life on the Polygon Proof of Stake network, represent a one-to-one relationship with their underlying stocks. It's as if each share has been given a unique digital twin, with ownership recorded on a blockchain ledger instead of traditional books. The expansion doesn't stop there. INX has its sights set on even broader horizons. In the coming weeks, they plan to unveil their first tokenized ETF – a digital version of the S&P 500 ETF. Alongside this landmark addition, tokenized Apple stock and BlackRock's iShares Treasury ETF are also slated to join the roster. It's a move that signals a growing bridge between the worlds of traditional finance and digital assets. What makes these tokenized stocks stand out? For starters, they offer a level of flexibility that traditional stocks can't match. Imagine being able to trade your favorite stocks 24 hours a day, 7 days a week. Or picture holding your stocks not in a brokerage account, but directly in your own digital wallet. These tokens even open doors to the world of decentralized finance, potentially serving as collateral for loans or other innovative financial products. Of course, with innovation comes the need for robust safeguards. Backed has ensured that these tokenized assets are issued under an EU prospectus, providing a layer of transparency for eligible investors. The underlying value is secured with a licensed custodian, and token holders have primary claims to this collateral. It's a blend of cutting-edge technology and traditional financial security. For now, this digital stock revolution is accessible to non-US residents and approved customers on the INX platform. Interested investors can dive in by creating an account and completing the necessary checks. What's particularly intriguing is the ability to fund these investments with cryptocurrency, further blurring the lines between traditional and digital finance. As we witness this merger of Wall Street and the blockchain, questions naturally arise. Could this be the future of stock trading? Will we see a day when all stocks have digital counterparts? While it's too early to say for certain, one thing is clear: the financial landscape is changing. Traditional assets are finding new homes on digital ledgers, potentially opening up global markets in unprecedented ways. This expansion of tokenized stocks represents more than just a new investment option. It's a glimpse into a possible future where financial assets move freely across digital platforms, where trading hours are a thing of the past, and where the average investor has more direct control over their assets than ever before. As the dust settles on this latest development, the financial world watches with bated breath. Will this be the spark that ignites a wider adoption of tokenized assets? Only time will tell. But for now, it's clear that the lines between traditional finance and the digital frontier are becoming increasingly blurred, potentially reshaping how we think about investing in the digital age. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: business blogging program business blogging program

INX and Backed Add New Tokenized Stocks to Trading Platform

Holistic Evaluation of Text-to-Image Models: Author contributions, Acknowledgments and References

A New Framework for Trustworthy AI Deductive Reasoning

There are many factors that make Ethereum a fundamentally different cryptocurrency from Bitcoin, and these crucial differences are playing out in real-time on Wall Street. Unlike the US Securities and Exchange Commission’s approval of Bitcoin ETFs in January, July’s acceptance of spot Ethereum ETFs came as something of a surprise. The commission had long viewed Bitcoin as an exception in the crypto landscape, acknowledging other coins as ‘securities’ compared to BTC’s status as a commodity. Despite this, Tuesday, July 23, 2024, saw the launch of nine spot Ether exchange-traded funds on Wall Street. One month on, are market commentators ready to call the debut a success? Ether’s Mixed Results Investor sentiment for the new ETFs has been mixed. The brightest spot Ether ETF, BlackRock’s iShares Ethereum Trust ETF, has been well on course to surpass $1 billion in net inflows just one month on from its launch. Elsewhere, other funds have been less lucrative in terms of welcoming inflows. In fact, the fund with the second highest level of inflows is Fidelity’s Ethereum Fund, with less than $400 million recorded one month after launching. The elephant in the room is Grayscale’s Ethereum Trust, which has recorded significant outflows due to its relatively high fee structure. With nearly $2.5 billion in outflows from this ETF, the total cumulative flow for Ether ETFs is negative by almost $500 million. Bitcoin Comparisons are Hasty According to estimates from Bloomberg ETF analyst Eric Balchunas, the demand for spot Ethereum ETFs could settle at around 15% to 20% of what we’ve seen for Bitcoin ETFs. There are many reasons why Ethereum commanding around one-fifth of Bitcoin’s ETF market inflows is logical. Firstly, as the oldest and most popular cryptocurrency in the world, Bitcoin has fewer technological capabilities than Ether, making it more comparable to gold. Meanwhile, Ethereum’s newer, more advanced blockchain frameworks mean it can host decentralized finance (DeFi) projects and other emerging technologies, making it more comparable to oil. At least this is the view of the Industrial and Commercial Bank of China (ICBC). Despite this, Bitcoin’s ETFs have also been vulnerable to substantial outflows of late, owing to a larger contraction of the cryptocurrency market and Wall Street’s recent stock sell-offs in early August. Crucially, Bitcoin’s status as ‘digital gold’ and the cyclical nature of the coin’s halving events, making the asset marginally more predictable, mean that its ETFs are more likely to see major institutional inflows like the $600 million Goldman Sachs and Morgan Stanley invested in spot Bitcoin ETFs. Battling ETH’s Downturn While the launch of Bitcoin’s ETFs brought a subsequent cryptocurrency rally towards a fresh all-time high value for BTC, no such good fortune appears forthcoming for Ether. In fact, the cryptocurrency has fallen 26% since its exchange-traded funds launched on Wall Street, with the coin’s supply increasing by 60,555 over the same period. Unlike Bitcoin’s fixed supply, which means no more than 21 million BTC can ever be minted, no such limits exist for Ether, meaning that its scarcity won’t play the same role in determining its value as Bitcoin. Although it’s worrying to see Ether struggle in the wake of net outflows for spot Ethereum ETFs, Aurelie Barthere, principal research analyst at analytics platform Nansen, highlights that Bitcoin has also been falling significantly over the same period, indicating that Ether’s downturn is more likely related to falling risk appetite among investors. It’s also worth noting that Wall Street’s market crash in early August was another challenge that Bitcoin didn’t have to encounter during its strong post-ETF rally in early 2024. Ethereum’s Unique Challenges Unlike Bitcoin, which enjoys a market dominance of more than 56% throughout the cryptocurrency landscape, Ethereum’s status as the world’s biggest altcoin is far from assured in the long term. Since its 2015 launch, Ethereum has relied on its status as a popular, technically advanced blockchain that developers use to host their DeFi projects. This has made ETH a cryptocurrency that’s closely linked to the burgeoning NFT landscape and blockchain innovations like smart contracts and P2P lending. However, now that the asset is approaching its 10th birthday, there are many newer, more advanced blockchains that offer faster transaction speeds and lower costs than Ethereum. Because of this, Ethereum is constantly having to evolve to fend off the chasing pack, a challenge that Bitcoin has never needed to counter. One specific threat can be found in Solana. With far lower transaction fees, less network congestion, and its innovative Proof-of-History consensus mechanism, Solana could be a tangible long-term threat to Ethereum, making investing in its ETFs a riskier prospect. Despite this, we may actually see Ethereum’s spot ETF act as a driving force for maintaining its status as a leader in blockchain technology. With long-term Wall Street adoption, even if it’s at 20% the scale of Bitcoin, Ethereum’s institutional acceptance could help to see off its plucky challengers throughout the crypto landscape. “Institutional investors familiar with ETFs as a financial instrument may be more inclined to invest in Ethereum through these funds,” highlights Maxim Manturov, head of investment research at Freedom24. “This could lead to substantial capital inflows and further growth and development of the Ethereum ecosystem.” Have Spot Ethererum ETFs Been a Success? The flows surrounding spot Ethereum ETFs one month from their launch make for difficult reading. However, it’s worth noting that the exchange-traded funds had the misfortune of launching just weeks before a major market crash occurred. For investors looking to embrace Ether on Wall Street, we may see spot Ethereum ETFs act as a strong foundation for growth that sees Ethereum fend off its technical competitors and reaffirm its status as the cryptocurrency landscape’s most functional altcoin. With expectations of a cryptocurrency market bull run in late 2024 and early 2025 still high, the success of spot Ethereum ETFs could be realized a little later down the line. For now, we’re still waiting for investors to really embrace this risky altcoin play. There are many factors that make Ethereum a fundamentally different cryptocurrency from Bitcoin, and these crucial differences are playing out in real-time on Wall Street. Ethereum Unlike the US Securities and Exchange Commission’s approval of Bitcoin ETFs in January, July’s acceptance of spot Ethereum ETFs came as something of a surprise. The commission had long viewed Bitcoin as an exception in the crypto landscape, acknowledging other coins as ‘securities’ compared to BTC’s status as a commodity. viewed Bitcoin as an exception viewed Bitcoin as an exception Despite this, Tuesday, July 23, 2024, saw the launch of nine spot Ether exchange-traded funds on Wall Street. One month on, are market commentators ready to call the debut a success? Ether’s Mixed Results Investor sentiment for the new ETFs has been mixed. The brightest spot Ether ETF, BlackRock’s iShares Ethereum Trust ETF, has been well on course to surpass $1 billion in net inflows just one month on from its launch. on course to surpass $1 billion on course to surpass $1 billion Elsewhere, other funds have been less lucrative in terms of welcoming inflows. In fact, the fund with the second highest level of inflows is Fidelity’s Ethereum Fund, with less than $400 million recorded one month after launching. The elephant in the room is Grayscale’s Ethereum Trust, which has recorded significant outflows due to its relatively high fee structure. With nearly $2.5 billion in outflows from this ETF, the total cumulative flow for Ether ETFs is negative by almost $500 million. Bitcoin Comparisons are Hasty According to estimates from Bloomberg ETF analyst Eric Balchunas, the demand for spot Ethereum ETFs could settle at around 15% to 20% of what we’ve seen for Bitcoin ETFs. settle at around 15% to 20% settle at around 15% to 20% There are many reasons why Ethereum commanding around one-fifth of Bitcoin’s ETF market inflows is logical. Firstly, as the oldest and most popular cryptocurrency in the world, Bitcoin has fewer technological capabilities than Ether, making it more comparable to gold. Meanwhile, Ethereum’s newer, more advanced blockchain frameworks mean it can host decentralized finance (DeFi) projects and other emerging technologies, making it more comparable to oil. At least this is the view of the Industrial and Commercial Bank of China (ICBC). this is the view this is the view Despite this, Bitcoin’s ETFs have also been vulnerable to substantial outflows of late, owing to a larger contraction of the cryptocurrency market and Wall Street’s recent stock sell-offs in early August. substantial outflows substantial outflows Crucially, Bitcoin’s status as ‘digital gold’ and the cyclical nature of the coin’s halving events, making the asset marginally more predictable, mean that its ETFs are more likely to see major institutional inflows like the $600 million Goldman Sachs and Morgan Stanley invested in spot Bitcoin ETFs. $600 million Goldman Sachs $600 million Goldman Sachs Battling ETH’s Downturn While the launch of Bitcoin’s ETFs brought a subsequent cryptocurrency rally towards a fresh all-time high value for BTC, no such good fortune appears forthcoming for Ether. In fact, the cryptocurrency has fallen 26% since its exchange-traded funds launched on Wall Street, with the coin’s supply increasing by 60,555 over the same period. fallen 26% fallen 26% Unlike Bitcoin’s fixed supply, which means no more than 21 million BTC can ever be minted, no such limits exist for Ether, meaning that its scarcity won’t play the same role in determining its value as Bitcoin. Although it’s worrying to see Ether struggle in the wake of net outflows for spot Ethereum ETFs, Aurelie Barthere, principal research analyst at analytics platform Nansen, highlights that Bitcoin has also been falling significantly over the same period, indicating that Ether’s downturn is more likely related to falling risk appetite among investors. related to falling risk appetite related to falling risk appetite It’s also worth noting that Wall Street’s market crash in early August was another challenge that Bitcoin didn’t have to encounter during its strong post-ETF rally in early 2024. Ethereum’s Unique Challenges Unlike Bitcoin, which enjoys a market dominance of more than 56% throughout the cryptocurrency landscape, Ethereum’s status as the world’s biggest altcoin is far from assured in the long term. more than 56% more than 56% Since its 2015 launch, Ethereum has relied on its status as a popular, technically advanced blockchain that developers use to host their DeFi projects. This has made ETH a cryptocurrency that’s closely linked to the burgeoning NFT landscape and blockchain innovations like smart contracts and P2P lending. However, now that the asset is approaching its 10th birthday, there are many newer, more advanced blockchains that offer faster transaction speeds and lower costs than Ethereum. Because of this, Ethereum is constantly having to evolve to fend off the chasing pack, a challenge that Bitcoin has never needed to counter. One specific threat can be found in Solana. With far lower transaction fees , less network congestion, and its innovative Proof-of-History consensus mechanism, Solana could be a tangible long-term threat to Ethereum, making investing in its ETFs a riskier prospect. far lower transaction fees far lower transaction fees Despite this, we may actually see Ethereum’s spot ETF act as a driving force for maintaining its status as a leader in blockchain technology. With long-term Wall Street adoption, even if it’s at 20% the scale of Bitcoin, Ethereum’s institutional acceptance could help to see off its plucky challengers throughout the crypto landscape. “Institutional investors familiar with ETFs as a financial instrument may be more inclined to invest in Ethereum through these funds,” highlights Maxim Manturov, head of investment research at Freedom24 . “This could lead to substantial capital inflows and further growth and development of the Ethereum ecosystem.” Freedom24 Freedom24 Have Spot Ethererum ETFs Been a Success? The flows surrounding spot Ethereum ETFs one month from their launch make for difficult reading. However, it’s worth noting that the exchange-traded funds had the misfortune of launching just weeks before a major market crash occurred. For investors looking to embrace Ether on Wall Street, we may see spot Ethereum ETFs act as a strong foundation for growth that sees Ethereum fend off its technical competitors and reaffirm its status as the cryptocurrency landscape’s most functional altcoin. With expectations of a cryptocurrency market bull run in late 2024 and early 2025 still high, the success of spot Ethereum ETFs could be realized a little later down the line. For now, we’re still waiting for investors to really embrace this risky altcoin play.

One Month On, Have Spot Ethereum ETFs Been a Success?

Back to the Future: Running Spring Boot 2 in GlassFish 4 Using Java 8

ভবিষ্যতে ফিরে যান: জাভা 8 ব্যবহার করে গ্লাসফিশ 4 এ স্প্রিং বুট 2 চালানো

Zurück in die Zukunft: Ausführen von Spring Boot 2 in GlassFish 4 mit Java 8

Regreso al futuro: Ejecución de Spring Boot 2 en GlassFish 4 con Java 8

Retour vers le futur : exécuter Spring Boot 2 dans GlassFish 4 à l'aide de Java 8

भविष्य की ओर वापसी: जावा 8 का उपयोग करके ग्लासफिश 4 में स्प्रिंग बूट 2 चलाना

バック・トゥ・ザ・フューチャー: Java 8 を使用して GlassFish 4 で Spring Boot 2 を実行する

백 투 더 퓨처: Java 8을 사용하여 GlassFish 4에서 Spring Boot 2 실행

De volta ao futuro: executando o Spring Boot 2 no GlassFish 4 usando Java 8

Назад в будущее: запуск Spring Boot 2 в GlassFish 4 с использованием Java 8

Geleceğe Dönüş: Java 8 Kullanarak GlassFish 4'te Spring Boot 2'yi Çalıştırma

Quay lại tương lai: Chạy Spring Boot 2 trong GlassFish 4 bằng Java 8

回到未来：使用 Java 8 在 GlassFish 4 中运行 Spring Boot 2

Pitching is extremely important in the world of traditional finance. Most clients come from professions other than finance, so their financial advisors present various options for them to choose. Obviously, the end goal for any investment firm is to earn their commissions. At times, they can offer risky products for wealthy clients, although in most cases such firms tend to be rather conservative in order to have a long business relationship with their clients. Before the approval of spot Bitcoin ETFs, U.S. financial advisors had nothing to offer for their clients. Cryptos were considered risky and traded on crypto exchanges. However, things have changed materially when spot crypto ETFs have started to trade on traditional exchanges. Now, financial advisors have something to pitch to their clients. First, they needed a nod from their investment firm. Finally, it looks like big firms are ready to start pitching crypto ETFs. According to a recent CNBC report, Morgan Stanley has decided to allow its financial advisors to offer spot Bitcoin ETFs to eligible clients. Morgan Stanley plans to offer iShares Bitcoin Trust (IBIT, managed by BlackRock) and Wise Origin Bitcoin Fund (FBTC, managed by Fidelity). This is an extremely important development for Bitcoin and crypto in general. Morgan Stanley is one of the biggest asset managers in the world, and its clients can move markets. Crypto fans often believe that since Bitcoin is so popular, everyone knows about it and wants to invest. In reality, this is not the case. For many investors, finance is not a profession, so they rely on brokers and investment firms for advice. Such investors need a “stamp of approval” from their advisors before they are ready to invest in a certain asset. Crypto is still considered risky by many investors, despite surviving multiple crises. In this light, pitching from Morgan Stanley can make a difference for Bitcoin markets and bring new Bitcoin buyers. The investment world is extremely competitive. Most likely, other asset managers are not going to sit idle, watching how Morgan Stanley offers the hot product to its clients. Most of them will join Morgan Stanley soon. Thus, the flow of money into spot Bitcoin ETFs would grow, raising demand for Bitcoin and pushing its price higher. If everything goes well, we can expect to see the first impact closer to the end of 2024. Interestingly, BlackRock believes that crypto ETFs will be included in model portfolios by the end of this year. This would be a major development for crypto markets as many people follow such portfolios and make their investment decisions accordingly. The inclusion of crypto ETFs into model portfolios will surely bring more money into crypto markets. The key advantage for private investors who do not rely on financial advisors or model portfolios is that they can buy Bitcoin at any time. Moreover, they can own real Bitcoin instead of using intermediaries like BlackRock and paying them commissions. There are few situations in the market when the small guy has an edge over a large investment firm, so don’t hesitate to use your advantage. Pitching is extremely important in the world of traditional finance. Most clients come from professions other than finance, so their financial advisors present various options for them to choose. Pitching is extremely important in the world of traditional finance. Most clients come from professions other than finance, so their financial advisors present various options for them to choose. Obviously, the end goal for any investment firm is to earn their commissions. At times, they can offer risky products for wealthy clients, although in most cases such firms tend to be rather conservative in order to have a long business relationship with their clients. Before the approval of spot Bitcoin ETFs, U.S. financial advisors had nothing to offer for their clients. Cryptos were considered risky and traded on crypto exchanges. However, things have changed materially when spot crypto ETFs have started to trade on traditional exchanges. Now, financial advisors have something to pitch to their clients. First, they needed a nod from their investment firm. Finally, it looks like big firms are ready to start pitching crypto ETFs. According to a recent CNBC report , Morgan Stanley has decided to allow its financial advisors to offer spot Bitcoin ETFs to eligible clients. Morgan Stanley plans to offer iShares Bitcoin Trust (IBIT, managed by BlackRock) and Wise Origin Bitcoin Fund (FBTC, managed by Fidelity). report report This is an extremely important development for Bitcoin and crypto in general. Morgan Stanley is one of the biggest asset managers in the world, and its clients can move markets. Crypto fans often believe that since Bitcoin is so popular, everyone knows about it and wants to invest. In reality, this is not the case. For many investors, finance is not a profession, so they rely on brokers and investment firms for advice. Such investors need a “stamp of approval” from their advisors before they are ready to invest in a certain asset. Crypto is still considered risky by many investors, despite surviving multiple crises. In this light, pitching from Morgan Stanley can make a difference for Bitcoin markets and bring new Bitcoin buyers. The investment world is extremely competitive. Most likely, other asset managers are not going to sit idle, watching how Morgan Stanley offers the hot product to its clients. Most of them will join Morgan Stanley soon. Thus, the flow of money into spot Bitcoin ETFs would grow, raising demand for Bitcoin and pushing its price higher. If everything goes well, we can expect to see the first impact closer to the end of 2024. Interestingly, BlackRock believes that crypto ETFs will be included in model portfolios by the end of this year. This would be a major development for crypto markets as many people follow such portfolios and make their investment decisions accordingly. The inclusion of crypto ETFs into model portfolios will surely bring more money into crypto markets. believes believes The key advantage for private investors who do not rely on financial advisors or model portfolios is that they can buy Bitcoin at any time. Moreover, they can own real Bitcoin instead of using intermediaries like BlackRock and paying them commissions. There are few situations in the market when the small guy has an edge over a large investment firm, so don’t hesitate to use your advantage.

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