In the US the journey of crypto ETFs has been rooted for over a decade. Early filings from companies like Gemini weren’t accepted.
21Shares itself played a significant role in the evolution outside the United States, rolling out one of the world’s first physically backed Bitcoin exchange-traded products (ETPs).
Crypto was initiated as a grassroots revolution mainly influenced by individual developers, early adopters, and retail traders. However, in the last 10 years, the industry has gradually evolved into an asset class that is difficult to avoid.
Although institutions did not quickly adopt crypto, their adoption followed years of work to make the custody, regulation, and investment structures they were willing to trust.
The head of global research at 21Shares, Eliezer Ndinga, gave an interview to TheStreet in which he mentioned that the past few years have been spent preparing the infrastructure and regulatory framework required to make institutions comforta
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