A local Bitcoin ETF could cover up to $ 30 billion

Von Krypto News Österreich

The introduction of a Bitcoin Exchange Traded Fund (ETF) in the USA could have far-reaching effects on the Bitcoin price and investors. Such an ETF aims to facilitate the investment in Bitcoin for a wide range of investors and could significantly increase the Bitcoin market.

According to an analysis of the online magazine "CNEWS24", a regional Bitcoin ETF could expand the possibilities of the current market. With an asset under management (AUM) of $ 27.6 billion for global Bitcoin funds, an ETF could meet the need for cost-effective and transparent investment options.

The comparison with the gold market shows the potential for a Bitcoin ETF. Gold ETFs are currently managing an Aum of over $ 210 billion worldwide, with almost half of them stay in North America. In comparison, the AUM for Bitcoin funds is currently $ 28.8 billion. However, the much higher liquidity of Bitcoin compared to gold could lead to an additional need of almost $ 30 billion for a Bitcoin ETF.

A regional Bitcoin ETF would also influence the BTC Prize. The analysis shows that each $ 1 of the AUM that flows into an ETF increases the market value of Bitcoin by $ 10. With an ETF room of $ 100 billion, the Bitcoin market value would exceed the combined AUM of GLD and IAU, the two largest gold ETFs.

A wide range of investors would benefit from the introduction of a Bitcoin ETF. The improved liquidity and transparency associated with an ETF would facilitate market access and offer investment opportunities. In addition, lower fees could benefit investors compared to existing funds.

Despite the positive effects of a Bitcoin ETF, there are also possible risks that have to be taken into account. The volatility of the Bitcoin market and regulatory concerns could make it difficult to introduce an ETF. It remains to be seen whether the Securities and Exchange Commission (Sec) will give the green light for a Bitcoin ETF.

Overall, a regional Bitcoin ETF could revolutionize the market for cryptocurrencies and address both new investors and experienced investors. The possible positive effects on the Bitcoin price and the investment locations make the introduction of such a ETF a promising development for the cryptocurrency industry.