Summary
21Shares co-founder Ophelia Snyder expressed surprise and excitement at the success of the bitcoin ETFs launched in partnership with Ark Invest. This demonstrates the growing demand for bitcoin exposure in financial markets and validates its role as a reserve product.
Key Points
1. The surge in demand for bitcoin exposure in financial markets has exceeded short-term expectations, highlighting the cryptocurrency’s role as a reserve product.
2. The launch of bitcoin exchange-traded funds (ETFs) in partnership with Ark Invest has been seen as a fantastic validation of bitcoin’s importance in the financial industry.
3. Ophelia Snyder, co-founder of 21Shares, expressed her excitement about the growing demand for bitcoin and its positive impact on the market.