Crypto investments have increased and global Bitcoin ETFs will continue to gain popularity.

币圈二三事 view 1883 2021-12-22 13:23
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加密投资方兴未艾 全球比特币ETF将继续抢手

According to data from Bloomberg Intelligence, there are now 80 devices to track cryptocurrency investments around the world, more than double the 35 by the end of 2020. Currently. Although at times volatile due to concerns about rising inflation and speculation that the forces continue to swell, cryptocurrencies maintain a steady increase in global investment.

Bitcoin fell 56% from April to June, reaching a record high in November, and fell more than 30% next week, but the price movement did not limit its record high financials.

Leah Wald, CEO of Valkyrie Investments, a cryptocurrency asset management company, said, “In this world, it's a phenomenon that has clearly started to increase.” That's it. The coin is not good for its exchange rate) and is stable, and you can see that a lot of work has been put in. "

加密投资方兴未艾 全球比特币ETF将继续抢手

For example, Grayscale Investments LLC is the world's largest digital asset management company, and Grayscale Bitcoin Trust, a $ 30 billion Bitcoin trust, is the world's largest cryptocurrency trust fund. Funds like Galaxy Digital Holdings and Bitwise Asset Management, led by giant Michael Novogratz, also manage thousands of dollars.

Although most cryptocurrencies ship outside the United States in 2021, the first U.S. Bitcoin futures exchange has been approved by the SEC, the ProShares Bitcoin Strategy ETF, which debuted in October. The fund raised $ 1 billion in just two days, making it one of the most sought-after ETFs since its IPO. The popularity of this cryptocurrency ETF indicates that the exposure of U.S. investors to cryptocurrency ETFs is unsatisfactory.

However, unlike ETFs directly linked to Bitcoin, future ETFs impact future rolling prices associated with regulatory contracts. Investors would like to buy more if income is approved for US stocks.

James Seyffart, analyst at Bloomberg Intelligence ETF, said: “If there was a better design than the US ETF, I couldn't help but think that assets in this space would be larger. James Seyffart, Analyst at Bloomberg Intelligence ETF.

In fact, the ETF has fallen more than 30% since its inception in mid-October, with funds flowing into regular ProShares funds. At the same time, the total assets of similar products Valkyrie and VanEck are less than $ 70 million. However, Wald is optimistic that investments will increase further in 2022. He said bank executives will first want to see how US futures ETFs manage to control refinance prices going forward.

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