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Bridging TradFi and Crypto Through BTC
Quick Notes
Financial giants like Vanguard and Invesco aren’t optimized due to regulations in offering Bitcoin ETFs…
But despite Bitcoin's remarkable performance, its ownership remains low due to education gaps and technology challenges.
Bitcoin ETFs pave the way for broader participation in the tech revolution and potentially offer exponential returns.
Additionally, U.S. ETFs are poised to increase cryptocurrency interest, legitimacy, and financial prospects.
Thus, the space is attracting traditional finance influencers like Cathie Wood.
Leading institutions such as ARK and 21Shares are eager to introduce Bitcoin-backed ETFs, driven by industry leaders' interest.
ETFs listed on stock markets offer diverse assets, making participation easier for a wider audience.
But, the competition intensifies as BlackRock, 21Shares, and ARK vie to launch spot ETFs in the US.
ETFs provide a user-friendly gateway to crypto exposure with minimized risks.
However, massive challenges in securing regulatory approval for spot Bitcoin ETFs persist, even as Bitcoin Futures ETFs gain approval.
Thus ARK and 21Shares are adopting a strategic approach to gain credibility with regulators.
Custodia Founder, Caitlin Long, proposes an innovative solution to benefit both ETF investors and regulators.
Regulatory responsiveness and communication are crucial for the US to remain competitive in the crypto industry.
But this hasn’t been the case as crypto leaders struggle to receive time with them.
This is alarming as decisions by US regulators directly impact sentiment and investment flows in the crypto market.
Acknowledging the potential of the crypto space is essential to secure the US's standing in the industry.
Full Analysis
Vanguard, Invesco, and others create highly rated exchange traded funds (ETFs)
But they short-change investors.
Why? Because no U.S. based ETF holds 1:1 backed Bitcoin due to stifling regulation.
Bitcoin has been the HIGHEST PERFORMING ASSET over the last 10 years,
But only 0.54% of people in the world hold it. This is because of an education gap…
And challenging user experiences of the technology.
Thus, Bitcoin ETFs enable a larger audience to participate in this technology revolution that has driven top-tier returns for many investors.
Today, the competition is stiff to offer this product.
Some of finance’s boldest leaders like Larry Fink and Cathie Wood aim to bring an ETF to Wall Street.
Thus, it is only a matter of time before crypto-focused ETFs are commonplace in the markets.
Institutions are Competing to Offer Spot ETFs in the US
Taking a step back, ETFs are listed on the stock markets just like an Apple or a Nike.
But, instead of only representing the shares of an individual company…
They can comprise many different assets such as stocks, similar to a mutual fund.
The aforementioned Cathie Wood is the CEO and CIO of ARK, an investment management firm.
ARK offers ETFs that follow technology driven themes.
With that in mind, it makes sense that she would be interested in Bitcoin.
ARK has partnered with 21Shares, a unicorn company which Cathie Wood is a board member of to bring a spot bitcoin ETF to the market.
21Shares is an experienced partner for ARK. The company is a staple in the European crypto market as they've created 37 Exchange Traded products abroad.
Additionally, 21Shares has over 200 listings on 14 exchanges.
These products have led 21Shares to have over 1.2 billion in assets under management (AUM). ARK has 14 billion AUM.
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