Almost, if not every ETF Provider in the USA would rush into providing Bitcoin ETFs. For a very simple reason: it's bringing in the big bucks!

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For those who don't know, Bitcoin ETFs are simply a form of placing Bitcoin on the stock market so people can buy and trade it without going on crypto exchanges or storing the Bitcoin by themselves.

Now, for Btc to be available on the Stock Market like that it has to be provided by an ETF Provider.

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Here is a report from about a week ago, from Eric Balchunas, Senior ETF Analyst for Bloomberg:

This is so huge!

Black Rock and Fidelity are ETF providers, and these stats means that even though the BTC ETF is just 0.02% of the ETfs Black Rock provides it already accounts for 42% of the money flows for the year!

And even though it is just 2% of Fidelity's ETFs it already accounts for 64% for Fidelity!

Isn't that just wild?

And you know, these ETF Providers are making profit from providing these ETFs. It is a business, money is being made here. So you know what's likely going to happen? Other ETf providers would see these flows and dive into providing Bitcoin ETFs too. To get a slice of the pie!

According to ETFDB there are 200+ ETF providers in America. But only 11 provide Bitcoin ETFs. How many of the other 200+ would dive in now that they see how good things are going?

These other ETF providers already have their own customers, so provision of BTC ETFs would bring their customers attention to BTC ETFs, and that would easily bring a lot of new investors. Things are really bullish out here.