Exchange-traded funds (ETFs) in the United States have already experienced significant growth, and now there is an increasing number of solid applications to offer spot Bitcoin ETFs by some of the largest traditional financial institutions.
Considering these two factors, along with Grayscale’s recent court battle win and Franklin Templeton’s spot Bitcoin ETF application, it appears that the availability of spot Bitcoin ETFs to investors is a matter of when rather than if.
Once they are available, they will help streamline and facilitate mainstream institutional adoption of digital assets in the United States.
ETF Growth in the United States and World
ETFs can be a logical choice for investors: cost-efficient and easily accessible. To provide a quick overview, total U.S. ETF net assets under management (AUM) have skyrocketed from $102B in 2002 to $6.44T in 2022.
Projected growth has not stagnated either. According to BlackRock—which shows a global total of $10T USD…
2023-09-29 23:38:27
Original from finance.yahoo.com
rnrn