ETP Archive

But concerns remain that the cryptocurrency could fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones.

The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday.

A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone.

Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards.

There is no sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product.

According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.”

The group already has Bitcoin and Ether ETPs listed on the Deutsche Börse Xetra.

Assets under management for institutional funds have hit a record high of $59 billion.

Institutional investors have rallied around crypto this past month, with the AUM of crypto ETPs surging more than 90% as volumes tripled.

Bitcoin and crypto ETPs have surged in market cap and volumes as institutions buy up BTC.