Exchange-traded funds (ETFs) can play a role in fueling the growth of the cryptocurrency market. These funds offer investors an easy way to invest in cryptocurrencies without having to own them directly. This increases investors' access to these assets and increases broader market adoption.
Furthermore, the presence of ETFs can reduce some of the legal and regulatory hurdles that may be a barrier for individual investors in accessing cryptocurrencies. Thus, it can contribute to enhancing trading activity and increasing demand for this type of asset.