The crypto industry is at an unprecedented inflection point, which could serve as a “generational investment opportunity” that will be fleeting as more institutions enter the space and network effects lead to exponential growth, according to new research.
Digital asset manager Hashdex, which is currently eyeing a spot Bitcoin ETF approval, believes prospects for such funds in the US are as high as ever, and as regulated investment vehicles become more common, the role of crypto in portfolios will continue to expand.
Spot Bitcoin ETF “When?”
In its report this week, Hashdex said the exact timing of a spot bitcoin ETF in the US remains unclear, but in 2023, the narrative around this product switched from a question of “if” to a matter of “when.”
The asset manager predicted that US investors will have access to a spot bitcoin ETF by the second…