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Valkyrie co-founder expects $10B inflows for spot bitcoin ETFs by end of year
We sat down with Valkyrie's co-founder to chat about why he thinks futures bitcoin ETFs will go away, which spot crypto ETFs could come next, and why the fee wars are “ridiculous.”
The SEC might finally approve spot bitcoin ETFs on Wednesday after denying applications for more than a decade. After the , I expect us to go back into a bull cycle and from a macroeconomic perspective I do think the Fed is going to lower rates again in May/June ahead of the election which will cause risk excess to go up.” That’s actively managed so that way we can kind of tie the market on those two asset classes, which is actually the easiest to do in futures.
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