Crypto ETPs in the wild
2022, Oct 18
An ETF by another name? This article suggests that major reputable investment firms (Morgan Stanely, etc) are still heavily investing in crypto-based asset classes. Currently ETPs are the “flavor of the month” which represents a vehicle by which individuals can gain access to crypto risk.
Of course it’s only a matter of time I believe before we see an even broader push for a Bitcoin (and others) ETF.
Roadblock
Perhaps the reason for this current roadblock is the fear of the coming flood of new assets seeking similar ETF status.
Bottom line
Simply put - the wave continues to swell and I believe it’s only a matter of time before we see some major shifts happen.