Matthew Sigel, the head of the digital asset analysis department at the investment firm VanEck, has announced plans by investors to invest more than $2 billion in a Bitcoin ETF developed by Blackrock.
Matthew noted that according to VanEck's analytical assessments, in the first quarter since the launch of spot Bitcoin-ETF trading, $2.5 billion will be invested, and this volume will reach $40 billion in two years. However, he also acknowledged that considering Blackrock's clients' significant interest in derivatives, these forecasts significantly underestimate the fund's potential.
Bloomberg received confirmation from its sources, indicating that Blackrock plans to allocate significant funds to the Bitcoin ETF on the first day after the listing of the derivative fund to demonstrate high trading volume and thus attract substantial interest from investors.
