Bitcoin ETFs likely to see two ‘massive catalysts’ by the end of the year, says ETF expert | Headlines | News | CoinMarketCap

03/14/2024 01:07
Bitcoin ETFs likely to see two ‘massive catalysts’ by the end of the year, says ETF expert | Headlines | News | CoinMarketCap

Bitcoin ETFs are likely to see two major catalysts before the end of the year as they get opened up to more investors on more platforms, according to …

Bitcoin ETFs are likely to see two major catalysts before the end of the year as they get opened up to more investors on more platforms, according to Bloomberg Senior ETF Analyst Eric Balchunas. 

The first catalyst involves making them accessible to the core of the advisory world. Balchunas told The Block that, as far as he's aware, they are not present on any significant wirehouse platforms, which he identified as looking after between $7 trillion and $10 trillion in assets.

Balchunas added the ETFs should land on those platforms within the next few months. “It's like putting a product on the shelf of Whole Foods or a big food store. Just that kind of exposure and availability is only going to help,” he said.

Balchunas said that in addition to wirehouses, other large investment …

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