According to Bloomberg, the growing interest in Bitcoin exchange-traded funds (ETFs) is driving up demand for cryptocurrencycurrency education. The Digital Assets Council of Financial Professionals has seen a 30% increase in queries regarding certification courses after the first batch of Bitcoin ETFs were approved in the United States.
According to Bloomberg, the record-breaking growth in Bitcoin this year has piqued the curiosity of several groups seeking to bridge the gap caused by the lack of a widely recognized professional degree in the cryptocurrency industry.
However, caution is advised, as bogus “cryptocurrency expert” courses have proliferated. The US Securities and Exchange Commission recently reached an agreement with Brian Sewell, the creator of the American Bitcoin Academy online trading course. Sewell allegedly scammed 15 students of over $1 million by persuading them to participate in a bogus hedge fund.
The popularity of cryptocurrency education mirrors the excitement surrounding Bitcoin ETFs. Inflows into funds such as Fidelity’s FBTC and the US Spot Bitcoin ETF increased on March 15th compared to previous days.
In contrast, withdrawals impacted well-known vehicles such as BlackRock’s IBIT and Grayscale’s GBTC, highlighting Bitcoin’s continued position as a valuable investment that attracts knowledgeable investors from all around the world.