Bitcoin

<ul><li>Eric Balchunas highlights two major upcoming developments for Bitcoin ETFs: broader access to advisory platforms and the launch of options trading.</li><li>The Bloomberg analyst predicts that Bitcoin ETFs could be listed on wirehouse platforms, enhancing their exposure and utility.</li><li>The analyst expects future prospects for Bitcoin ETFs to include banks creating structured products and the introduction of leveraged ETFs incorporating swaps.</li></ul>Eric Balchunas, Senior ETF Analyst at Bloomberg, has indicated that Bitcoin ETFs are on the brink of significant growth due to two major developments expected before the year ends. These developments are expected to enhance their accessibility and appeal to a wider range of investors across various platforms.According to <a href="https://cryptotale.org/sec-abandons-first-trust-skybridge-bitcoin-etf-analyst-sees-potential-late-entry/" rel="noopener noreferrer nofollow">Balchunas</a>, the initial push is expected as Bitcoin ETFs become accessible to the advisory sector, which has yet to feature these products on major wirehouse platforms. These platforms usually manage assets ranging between $7 trillion and $10 trillion. Balchunas predicts the ETFs will be listed on these platforms within the forthcoming months. He <a href="https://www.theblock.co/post/282348/bitcoin-etfs-likely-to-see-two-massive-catalysts-by-the-end-of-the-year-says-etf-expert" rel="noopener noreferrer nofollow">noted</a> that this development is like a product gaining “shelf” space in major retail outlets, which invariably augments its exposure and utility.Besides wirehouses, Balchunas also anticipates the potential incorporation of Bitcoin ETF products on premier platforms such as LPL Financial, the foremost investment broker in the United States, and the distinguished financial services firm Raymond James. This expansion is expected to be complemented by subsequent adoption by smaller entities, thereby dilating the accessibility of these financial products.<a href="https://cryptotale.org/eric-balchunas-projects-significant-enhancements-for-bitcoin-etfs-by-year-end/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Eric Balchunas Projects Significant Enhancements for Bitcoin ETFs by Year-End

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