A Win for Investors

Cohen sees the rise of spot bitcoin ETFs as a win for investors, as it allows them to effectively marry the ecosystems of traditional finance and decentralized finance (DeFi). This marriage enables investors to access the benefits of both worlds, including the transparency and accessibility of ETFs and the decentralized nature of DeFi. The rise of spot bitcoin ETFs has opened up new investment opportunities for investors, providing a more accessible and transparent way to gain exposure to bitcoin and other crypto assets.