Bitcoin ETF Listings Will Be Quick but Money Flows Could Take Months: 21Shares Co-Founder
Summary
The first bitcoin ETFs approved in the U.S. could list on exchanges within days, but wealth-management firms need 90 days to add them to their approved allocations. Analysts forecast significant inflows into ETFs, potentially reaching $100 billion by year-end. The approval exposes the crypto industry to greater scrutiny, and providers are differentiating themselves through fees. Grayscale plans to charge 1.5% for its Bitcoin Trust ETF, relying on its size advantages to offset the higher fee. It remains to be seen whether Grayscale will see significant outflows to cheaper funds over time.
