![Investment Giants BlackRock and Fidelity Stir Interest in Spot Bitcoin ETFs Among Professionals Investment Giants BlackRock and Fidelity Stir Interest in Spot Bitcoin ETFs Among Professionals](https://digitallifegaming.com/wp-content/uploads/2023/12/CRXPDTNBQJEXZHUCV3Q5FBXAXE-768x402.jpg)
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These prospective bitcoin ETF issues have a significant amount of assets under management (we estimate around $16 trillion), so they could have a huge impact on crypto. If only a small percentage of that amount gets invested into bitcoin, the effect would most likely be very significant because, currently, bitcoin exchange-traded products only amount to $38.8 billion of assets, based on our calculations (including Grayscale’s trust).
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