Blackrock's filing for a Bitcoin sport ETF could be a game changer for crypto. Find out why in our latest interview with EricBalchunas !
$30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.
"ETF is the format in which the boomers and the financial advisors prefer their investments delivered in”, Balchunas explained in an exclusive Cointelegraph interview. The involvement of Blackrock, the world's largest asset manager, was enough to raise the chances of a Bitcoin spot ETF approval from 1% to 50%, according to Balchunas.
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