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Besides being a form of money that is native to the Internet, Bitcoin is a protocol. Its price action often behaves like a volatile tech stock, but with a 15 year track record, it is now the best performing asset in recorded history.
With the recent SEC approval of multiple "spot" Bitcoin ETFs, it is apparent that Bitcoin is now going mainstream. These ETFs, managed by the biggest names in finance are bringing in entirely new investors to the crypto space.
Can Bitcoin be volatile? Yes. Is there opportunity in that volatility? Yes.
So, love Bitcoin or hate it, financial planners must understand it. .
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