These potential bitcoin ETF points have a big quantity of belongings underneath administration (we estimate round $16 trillion), so they might have a big impact on crypto. If solely a small proportion of that quantity will get invested into bitcoin, the impact would most probably be very vital as a result of, at the moment, bitcoin exchange-traded merchandise solely quantity to $38.8 billion of belongings, based mostly on our calculations (together with Grayscale’s belief).
