The approval of spot bitcoin ETFs will lead to an enormous growth within the bitcoin lending markets, as conventional finance and crypto market-makers alike will be capable of arbitrage worth variations between numerous funding automobiles in addition to spot BTC costs. Till not too long ago, among the bigger TradFi market makers had not participated in crypto or bitcoin as a result of the arbitrage alternatives necessitated them getting concerned in unregulated venues.
With spot bitcoin ETFs accessible in locations like Nasdaq, bitcoin spinoff merchandise within the Chicago Mercantile Alternate and spot bitcoin in regulated exchanges like Coinbase and Kraken, establishments now have all of the instruments they should make markets. They are going to want another factor — bodily bitcoin stock.