Bitcoin

Impact

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Bitcoin ETFs are changing the structure of the global Bitcoin market.</li>
 <li>Flowdesk executives believe these ETFs will continue to attract investments for many years.</li>
</ul>
<p>Bitcoin Exchange Traded Funds (ETFs) are significantly transforming the global <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> market landscape, as per insights from trading executives.</p>
<h2 id="insights-from-flowdesk-executives">Insights from Flowdesk Executives</h2>
<p>Reed Werbitt, the CEO of crypto market-making firm Flowdesk, and Greg Guttas, the Head of Over-the-Counter (OTC) at Flowdesk, shared their viewpoints on this matter.</p>
<p>They believe that the emergence of spot Bitcoin ETFs is altering the market structures across various aspects of the global Bitcoin market.</p>
<h2 id="long-term-impact-of-bitcoin-etfs">Long-Term Impact of Bitcoin ETFs</h2>
<p>According to these executives, these products are likely to continue attracting inflows for many years to come.</p>
<p>This view is based on their insider perspectives and extensive experience in the crypto market.</p>
<p>In a notable development, Flowdesk had earlier raised $50 million in a Series B funding round, bringing its valuation to $250 million.</p>
<p>This event underscores the firm’s significant role in the crypto market, especially in the context of the ongoing evolution of Bitcoin ETFs.</p>

Trading Executives Predict Bitcoin ETFs to Drive Multi-Decade Buying Surge

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