Industry insiders predict that the assets under management of Bitcoin ETFs in the United States will exceed $500 billion within 5 years

ChainCatcher message, Bloomberg ETF analyst Eric Balchunas posted on X: "Today at the Proof of Talk inside the Louvre, I had an enlightening discussion with 21Shares co-founder Ophelia Snyder, digital asset analysts Matthew Sigel and Jason Xavier. Everyone agrees that tokenization is important, but it may not be a substitute for ETFs.

Sigel predicts that the size of the U.S. Bitcoin ETF will exceed $500 billion within 5 years, while Snyder stated that globally it could surpass that figure. They both believe I may have underestimated the demand for Ethereum ETFs, and they plan to position it as 'production tech stocks' and the 'ultimate app store,' which is in stark contrast to Bitcoin's promotional positioning."