Many crypto investors see exchange-traded funds (ETFs) as a sign of digital currencies going mainstream.
Sure, it doesn’t hurt Bitcoin (CRYPTO: BTC) holders when the iShares Bitcoin Trust (NASDAQ: IBIT) picks up $57 billion of Bitcoin assets, followed by $13.5 billion of assets under management in the Fidelity Wise Origin Bitcoin Fund (NYSEMKT: FBTC). The just-launched Morgan Stanley Bitcoin Trust will surely build serious value pretty quickly, too — familiar fund names tend to have that effect, and this one comes with the lowest management fees in the Bitcoin ETF segment.
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