Institutions are itching to get their hands on Bitcoin, and a spot ETF is the key to unlocking massive demand. EY agrees, saying it will "trigger massive demand from institutions."
But I'm not convinced. ETFs are often seen as a safe and easy way to invest in risky assets, but Bitcoin is anything but safe. It's volatile, opaque, and unregulated.
Institutions should do their homework before jumping into Bitcoin, and investors should be prepared for a wild ride. ๐๐ป
