Will Bitcoin Futures ETFs Crumble After Spot ETF Approval? Interview With ProShares
It is hard to predict right now whether Bitcoin Futures ETFs will crumble after the spot ETF approval. With the launch of a new Bitcoin futures market, investors will be able to trade and invest in Bitcoin in an exciting new way. Such a new option may also lead to an influx of new investors and traders, which may increase the overall demand for these products. In addition, the emergence of a Spot ETF could help shift the focus of market participants from futures-based trading to spot trading.
Given the newfound potential of the market, ETFs that are based on Bitcoin futures could still survive in the long run, regardless of the launch of a spot ETF. Moreover, existing Bitcoin Futures ETFs already have a loyal customer base, and they could potentially operate in such a way as to capture a portion of the potential opportunities in the market.
ProShares recently launched an ETF that offers exposure to the cryptocurrency markets. ProShares’ Bitcoin Futures ETF gives retail investors and institutions access to the Bitcoin futures market. The ETF offers exposure to both U.S. dollar-denominated Bitcoin futures contracts traded on major U.S. exchanges, as well as contracts denominated in several other currencies.
At this moment, it is too early to say what will happen with Bitcoin Futures ETFs after the Spot ETF approval. It is likely that retail investors and institutional investors will find benefits from both Spot ETFs and Bitcoin Futures ETFs, as each offers its own unique advantages and features. It is also possible that the two could coexist in the market in the future if the demand remains.