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This $20 trillion corner of investing could drive the lion’s share of crypto ETF demand, CEO says

Share In2021-10-309235 Views
CNBC reported that ETF Trends CEO Tom Lydon says, exchange-traded fund investors are getting even more interested in cryptocurrency exposure — and the advent of things like bitcoin futures ETFs could lead to a demand explosion. With ProShares and Valkyrie Funds’ new bitcoin futures ETFs already making waves, such products could be the key to unlocking trillions of dollars in investor demand, Lydon said.“There’s this whole middle market where financial advisors manage about $20 trillion that really don’t have the best solution right now. And right now, it appears that the futures-based ETF might be that,” he said. “That’s really where the lion’s share of the demand will be coming.”

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