Will a spot bitcoin ETF fuel demand?
Could you elaborate on how the introduction of a spot bitcoin ETF could potentially stimulate demand for the digital asset? Would investors perceive it as a more accessible and secure way to gain exposure to bitcoin, leading to an influx of capital into the market? Alternatively, could it simply be a case of regulatory arbitrage, where investors who were previously restricted from directly owning bitcoin due to local laws or regulations now have a viable alternative? Furthermore, what are the potential implications for the overall cryptocurrency market and for bitcoin's price specifically?