BlackRock’s Bitcoin ETF application is the ‘holy grail’ of exposure for TradFi, says analyst

<p>James Seyffart is an ETF analyst at Bloomberg Intelligence.</p><p>In this episode, Seyffart analyzes BlackRock's recently announced spot bitcoin ETF application and the impact it would have on the crypto market if approved.</p><p>While bitcoin futures ETFs exist, Seyffart says that BlackRock's spot bitcoin ETF application is the "holy grail of bitcoin exposure in the TradFi markets."</p><p>In the wake of BlackRock's filling, Wisdom Tree, Invesco, and Valkyrie also put their hats back in the race for a spot bitcoin ETF.</p><p><br></p><p>This episode is brought to you by...