What does the recent decision to allow Bitcoin spot ETFs mean for the overall development of the global crypto market?
This was the topic of a special panel hosted by RULEMATCH – along with 21Shares, Flow Traders, Hidden Road, BBVA Switzerland, Bank Frick and AMINA Bank.
Key points included:
– Cash-settled vs in-kind ETFs and their implications
– Continued fragmentation in the market and how to address it
– Capital efficiency for cash-settled BTC ETFs
– A possible Bitcoin and ETF lending market and related investment strategies
– Lower fees and implications for spot trading
Hidden Road is helping clients access the fragmented spot market and find new opportunities – which will definitely develop in the coming months and years.
Cash-settled Bitcoin ETFs don’t pose a problem for us given our long experience in the space – but there are certain potential inefficiencies that we will monitor.
At BBVA Switzerland we have been active in the market with custody for quite some time, but now we look at new possibilities that open.
Panelists
