Investors are excited about the potential for bitcoin ETFs in the U.S.
"A spot bitcoin ETF could bring in as much as $50 billion to $100 billion in inflows over the next five years" and "could have an outsize impact on the price of bitcoin," Ryan Rasmussen, analyst at asset manager Bitwise, said Tuesday in an interview with CoinDesk TV.
He said he expects the SEC to green light ETF applications as soon as December, before the holidays. Bitwise is one of ...