Bitcoin’s adoption as a financial asset is reaching institutional investors, and products targeted to the investment management community are experience strong growth, adding demand for the asset. This trend was helped by shifts in perception, as bitcoin has been gradually earning legitimacy. Growing trading and custody solutions were also a key driver, and we expect the tools available to institutional investors to continue to develop and demand to keep growing.
In the 28 years they’ve been around, ETFs have democratized the asset classes that they wrap. The ETF wrapper will be no different in the world of cryptocurrencies and bring all these benefits to bear on one of the newest asset classes, such as bitcoin.