Will Canny is CoinDesk's finance reporter.
Bernstein said this suggests flows of more than $100 billion in the next two years into crypto ETFs.exchange-traded funds are expected to grow to a $450 billion market based on our crypto price forecasts, broker Bernstein said in a research report on Tuesday.
“This would signify flows exceeding $100 billion over the next 18-24 months into crypto ETFs,” analysts Gautam Chhugani and Mahika Sapra wrote.the 19b-4 filings of eight spot ETH ETF issuers. Once the S1 filings are approved ether ETF trading will go live on exchanges. Now that ether has been classified a commodity and not a security, the “biggest controversy” surrounding the cryptocurrency has been settled, the report said.based token to be approved as a spot ETF and its approval “paves the way for a blockchain asset to evolve from a token sale.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
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