Recently, the popularity of cryptocurrency ETFs has surged among institutions such as BlackRock, with a single Ethereum ETF seeing an influx of $420 million yesterday.
More importantly, several ETF issuers have submitted revision applications to allow investors to directly use their held BTC and ETH to subscribe to the corresponding ETFs without needing to convert to cash first.
This adjustment not only provides a professional channel managed by large financial institutions like BlackRock for institutions and holders but also signifies that BTC and ETH ETFs are beginning to be recognized as legitimate financial assets. #RWA热潮 $BTC
