This conference session was held during Whale Day in Bitcoin 2021 Conference in Miami on June 4-5. Make sure to set a reminder for Bitcoin 2021 Day One YouTube Live Streaming and one for Bitcoin 2021 Day Two on YouTube Live Stream right Now.
At the Bitcoin 2021 Whale Day speaker session, Annemarie Tierney, Ryan Louvar, Matt Hougan, Steve McClurg and Representative Warren Davidson discussed “The Elusive Bitcoin ETF” during a time when there was a massive increase in the amount of proposed ETFs.
Indeed, institutional adoption is on the rise, and the Bitcoin ETF will only open doors for increased investment in the industry.
“If all the governments of the world were printing securities, and there was one standard with a limited supply, that is important for portfolios and companies’ balance sheets. Having investment products that give you easy access to that is key, and ETFs provide that.” — Steve McClurg
Increased institutional adoption depends on regulation, but more may be expected to come, according to Representative Warren Davidson, “I have a partner in the Senate, now Senator Cynthia Loomis.”
The entire committee was clearly bullish on the short- and long-term future of Bitcoin ETFs. If the ETF is approved, it is expected to bring in significant amounts of institutional investment.
Joined #Bitcoin 2021 Party from anywhere in the world by joining our conversation on cable. In addition, be sure to Subscribe to our newsletter To stay up to date with the latest Bitcoin news and all the happenings in Bitcoin 2021.