Since the launch of the ETF of Spot Bitcoin in the United States in early 2024, these investment vehicles were affected by tens of billions of dollars.
Although the SEC approved ETF last year, their needs are clearly weak.
Bitcoin’s ETF is still a favorite of the institution.
Expert in the financial market and cryptocurrency Expected to have that point, Bitcoin etc.
However, while the sector grows up, other ETF-based, including the combination of various digital assets, which are expected to be more pulling.
Adrian Fritz Head of Research Division 21shares has emphasized the reasons behind Bitcoin’s sustainable popularity.
“This time, cleaning the center around Bitcoin as the most accepted Crypto assets, it is seen as the safest option, with a straightforward proposal to be a good digital status. Said in an interview with Crypto Intelligence News-
“Naturally, investors – educational institutions – feel more comfortable in the allocation of BTC through other Crypto assets.
“While this trend may be a short -term person, we expect the demand for non -Bitcoin products to grow over time.
“While investors become more family with wider Crypto ecosystems, they will start to explore. Opoportunities exceeds bitcoin, which leads to increased power and driving force for a variety of proposals. “
The demand for institutions for Bitcoin exceeds the United States.
Roxanna Islam, Head of Research and Industrial Division, Vettafi reflects this viewpoint that Bitcoin’s rule is not limited to the US market. But is an expert around the world
“Bitcoin overall has more needs. Other Cryptocurrencies – Aes
“When packed in ETF, the governing spots will rise due to retail settings for Bitcoin, while I think that there will be other ETFS Crypto, but it is still lower than Bitcoin.
“This is similar to the United States market with ETPS Crypto’s condominium, but Bitcoin ETPS is more popular.”
Despite the appearance of Bitcoin, Islam believes that Crypto several times, etc. However, she confirms that Bitcoin is probably the market leader further because many small investors are considered the main gateway to enter the secret.
The future of Crypto Etfs
While the ETF who uses Bitcoin is expected to be a outstanding player. Fritz suggested that the exchange fund consisting of Cryptocurrencies Mulipe may occur more. He draws the similarities between the traditional financial markets, in which a variety of investment vehicles, such as the index funds are increasing.
“As long as the IT service is the main starting point for single BTC institutional investors, will maintain a higher demand in the near future.
“However, while the Crypto market grows, investors’ settings may change the diversity to Altcoins over Bitcoin – like in the traditional fund that the index fund and EFSTOR ETFS are usually more needed than one stock investment.”
The expansion of the ETF Crypto market has already appeared in the latest submission, which indicates changes in addition to the spot products. Islam noted that the new ETF is consistent with the trends seen in the wider financial market assembled, such as the use of Buffer.
“Submitting documents for the new ETF Crypto has extended in addition to the Spot products and is following the Browder ETF trends, including leverage and buffed ETF.
“There is a tendency that these trends will remain in line with wider, etc.
While Currently, Etfs Bitcoin dominated. The needs of institutions and retail, ETF Crypto’s landscape gradually develops while investors are more comfortable with digital assets, ETFS options-which have a single warehouse or a variety. cryptocurrency
Responsibilities: This article aims to provide information only. It is not proposed or intended to be used as a tax, investment, investment, finance or other advice.
Source link