Summary
TLDR: The spot bitcoin ETF has had over $10 billion in inflows in less than two months, making it the most successful product launch in ETF history. This has brought mainstream attention to the crypto asset class. Investors are now wondering what the next big thing will be in the world of cryptocurrencies.
Key Points
1. The spot bitcoin ETF has attracted over $10 billion in inflows in less than two months, making it the most successful product launch in ETF history.
2. Bitcoin’s supply cap of 21 million tokens has solidified its narrative as “digital gold” or a store of value, which has drawn widespread mainstream attention to the crypto asset class.
3. Investors are now looking towards the future and asking, “What’s next?” as they seek to capitalize on the growing interest and potential of bitcoin and other cryptocurrencies.