Caroline Bowler,
“ETH is now firmly on the path towards ETP status. Although already the second largest crypto asset, this will expand investor awareness of this asset and its extraordinary role within the blockchain ecosystem”, said Caroline Bowler, CEO of BTC Markets.
“For investors looking to gain exposure under a traditional investment structure, an ETP is a tailormade vehicle. Markets were buoyed by the BTC ETP and it is reasonable to expect similar for ETH on its US ETP listing.”
The profile of crypto is progressing towards the mainstream. There are ramifications for traditional financial services as the dynamics of crypto will change their structures forever. Equally, mainstream impacts will mature crypto at a pace, particularly in the areas of compliance and client protection. Each will improve the other.””
“Cryptocurrency and the blockchain economy are bigger than any one person or organisation. Its collective push towards innovating our world creates inevitable outcomes. The US ETP announcements are just one step towards that new world.”
