US Equities

The Bitcoin ETF playbook: How could the approval and launch play out?

The introduction of multiple Bitcoin ETFs could significantly impact the cryptocurrency market. Similar to the effect of the first Gold ETFs, which greatly increased accessibility to gold and led to a substantial rise in its price, Bitcoin ETFs could attract new investors, both retail and institutional, to the Bitcoin market. This increased accessibility and investment could potentially lead to a rise in Bitcoin's price over time, though the exact impact would depend on various factors including market dynamics and broader economic conditions.