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First US Bitcoin ETF Approval Likely By End Of 2021, BNY Mellon’s Slavin Shares Outlook For ETF Run

zycrypto.com
 2021-07-29

Cover picture for the articleBen Slavin, Global head of ETFs at the Bank of New York Mellon (BNY Mellon) has confidence that a Bitcoin Exchange Traded Fund (ETF) shall be in place before the end of 2021. The ETF specialist acknowledged that the bank was receiving a tremendous amount of demand from its asset management and institutional clients for services related to cryptocurrencies. The bank was thus exploring ways in which it could have a bitcoin ETF approved to enhance its management of the millions of dollars in the products it serviced for clients.

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