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Author of the article: Joe Weisenthal
Publishing date: May 10, 2021  â¢Â 1 day ago  â¢Â 6 minute read  â¢Â
Article content
(Bloomberg) â For years the Bitcoin industry has been hoping the U.S. Securities and Exchange Commission would approve an ETF, which would theoretically allow an easy onramp for a lot more money to flow into the coin. So far though, applicants have been disappointed, despite approvals for similar products in other countries. But with institutional adoption on the rise, could 2021 finally be the year? Bloomberg Intelligence ETF Analyst Eric Balchunas says heâs more optimistic than heâs ever been. In this Q&A he explains why, and breaks down the landscape. Joe Weisenthal:So Eric. A Bitcoin ETF is something the community has hoped to see for a long time now. And nobody knows ETFs as well as you. It really feels like the entire industry has been monitoring your work for clues or signs about whether itâ