Eric Balchunas from Bloomberg predicts that there will be significant advancements in Bitcoin ETF accessibility by the end of the year. The first development involves making Bitcoin ETFs available to mainstream advisory services, which are currently not offered by major wirehouse platforms managing assets worth between $7 trillion and $10 trillion.

Balchunas foresees the integration of these ETFs into these platforms in the coming months, comparing it to increasing product visibility in major retail environments to drive adoption.

Additionally, he mentioned the potential for larger investment platforms like Raymond James and LPL, as well as smaller platforms, to facilitate broader access to these ETFs. The second development on the horizon is the introduction of options trading based on Bitcoin ETFs, expected to launch by September.

Furthermore, Balchunas expects the development of derivative products and strategies centered around Bitcoin ETFs, including structured products similar to those offered by Ark Invest, leveraged ETFs, and investment strategies combining Bitcoin with other assets. These innovations are set to enhance the Bitcoin ETF ecosystem, making it more appealing and useful for investors.

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