Bitcoin ETF Answers $1 Billion Question

VanEck has been the talk of the town, as one of a handful of investment firms vying for the creation of the first BTC ETF. On speaking with Coindesk about the possibility of crypto ETFs and the impact they will have on the market and industry. Gabor Gurbacs, director of digital asset strategy, says – “I wish I knew the answer to your $1 billion question. Seriously.”.

On asking Gurbacs how he felt about his company’s chance to be green-lighted for operating the fund, he explains – “Unfortunately, I don’t know the answer. I do know that we have addressed market structure issues and this is a chance for regulators to bring bitcoin under existing frameworks and protect investors.”

Read more at coindesk


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