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Wednesday, April 24, 2024
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Robinhood CEO Vlad Tenev Is Optimistic About Bitcoin ETFs: 'People Are Interested In Ways To Diversify'

Vlad Tenev, CEO of Robinhood Markets Inc (NASDAQ:HOOD), expressed optimism about the future of Bitcoin (CRYPTO: BTC) and the potential for a Bitcoin ETF during the company’s Tuesday earnings call. 

What Happened: In response to a question from Dan Dolev, Mizuho Securities analyst regarding the opportunity presented by a potential Bitcoin ETF, Tenev noted the increasing attractiveness of Bitcoin as a mainstream asset for diversification.

"I think that what you’re seeing is Bitcoin continuing to become attractive to more and more stakeholders as a mainstream asset for diversification. There has been a long-held thesis that it’s a good inflation hedge. And obviously, ...

Full story available on Benzinga.com


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