Better Markets, backed by Senator Warren, seeks to stop Bitcoin ETFs, sending letter to SEC.
VanEck projects $2.5 billion in trading for its Bitcoin ETF, targeting $40 billion over two years.
ever wondered what a sea change in the investment world would look like? Well, it looks like BlackRock, the asset management giant, is about to show us just that. At a recent Twitter Spaces event, Matthew Sigel, head of digital asset research at VanEck, revealed something that could shake the foundations of the ETF (Exchange Traded Fund) market.
BlackRock: The New Player in ETFs
According to Sigel, BlackRock is gearing up for something big. Imagine, over $2 billion lined up in the first week of trading for its new ETF. If this materializes, we would be witnessing the largest volume flow in the history of ETF launches.
Not only is this figure impressive, but it could also eclipse VanEck’s estimates of $2.5 billion in trading volume for its own spot Bitcoin ETF in the first quarter.
Now, think a

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