Even As Bitcoin Dips, Crypto ETFs Break Down TradFi Barriers
Yahoo Finance·2025-12-05 13:01

Crypto purists view the volatility as part of an upward trajectory maintained by the steady conversion of traditional Wall Street. Ric Edelman, founder of the Digital Assets Council of Financial Professionals, attributes the recent bitcoin price correction to early investors taking profits combined with forced selling for investors covering exposure to leveraged crypto positions. The reason that selling didn’t drive the price down even more, he said, is because of the growing institutional influence from or ...