Grayscale and Bitwise recently halted their Ethereum futures ETF plans due to increased scrutiny from US regulators. SEC’s concerns have led to withdrawals and amendments of applications for related products. Proponents argue regulated crypto could boost adoption by institutional investors, while critics fear stifling innovation.
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Crypto ETPs Attracting Professional Investors: Potential and Concerns Behind Emerging Trend
A recent study reveals that 75% of professional investors don’t have exposure to cryptocurrencies, and about half are considering entering the market via exchange-traded products (ETPs). However, direct investment in cryptocurrencies is less appealing, with only 37% showing interest. As the crypto market evolves, it attracts more attention, highlighting the potential of the market and need for secure investment structures.