In a recent interview, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, predicts that approving a Bitcoin spot ETF could attract an influx of $300 billion into the market.
Yusko highlights that a Bitcoin spot ETF in the US would provide a bridge for institutional investors to enter the market with confidence. He explained, "Institutional investors have been cautious about entering the crypto space due to regulatory uncertainties and concerns about custody. A spot ETF would offer them a regulated and secure way to gain exposure to Bitcoin."
Bloomberg Senior ETF analyst Eric Balchunas has a more conservative prediction, he suggests an inflow of about $150 billion will come into the market upon approval.
There is currently 10 active spot Bitcoin ETF filings, not including Grayscale's application convert its GBTC into a spot Bitcoin ETF.
Further Reading: Bitcoin Spot ETF - When will be the Approval Date
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