The Security and Exchange Commission’s approval of several exchange-traded funds tied to bitcoin led to a sigh of relief in the cryptocurrency industry. Indeed, the move—which came after the regulatory agency lost in court—is being seen as a victory for a nascent space. But regulators still have their doubts, and other cryptocurrencies still have long journeys to being folded into the world of traditional financial products.
This Javelin Strategy & Research report lays out the possibilities and the hurdles. Although bitcoin ETFs give retail and institutional investors the opportunity to invest in bitcoin-backed holdings without actually having to handle the cryptocurrency, their continued growth—and being eventually joined by other crypto-backed funds—will require advancements in technology, risk management tools, infrastructure, and financial services talent.
Key questions discussed in this report:
- How will the approved spot bitcoin ETF affect demand?
- What opportunities will arise from the approved ETF milestone?
- What are the risks associated, directly or indirectly, with the bitcoin ETFs?
Bitwise, Blackrock, Bloomberg, Coindesk, Fidelity, Franklin Templeton, Global X, Grayscale, Hashdex, Invesco, Securities and Exchange Commission, Valkyrie, VanEck, Wall Street Journal, WisdomTree
Learn More About This Report & Javelin
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