Wed, 06 Mabitcoin

Spot Bitcoin ETFs solved access, but custody, advisors and plumbing still lag, panelists say

Burns Brief

Senior figures from CoinShares, Calamos, ProShares and Flow Traders flagged Coinbase-heavy custody concentration, modest advisor uptake and creation-flow inefficiency as being among the next set of... Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

Senior figures from CoinShares, Calamos, ProShares and Flow Traders flagged Coinbase-heavy custody concentration, modest advisor uptake and creation-flow inefficiency as being among the next set of problems to solve.

Key Takeaways