In October 2024, Bitcoin ETFs launched globally, creating waves in the stock markets. Major exchanges saw a spike in crypto-linked stocks
The launch boosted market liquidity, with over US$5 billion traded in ETF-linked assets on the first day, attracting new investors to crypto-related stocks
Stock markets in the US and Europe felt the biggest impact, with tech and financial sectors seeing a 12% rise, driven by Bitcoin’s growing legitimacy
Major financial firms like BlackRock and Fidelity also launched their Bitcoin ETFs, making crypto investments more accessible to traditional market players
Analysts predict long-term effects, as Bitcoin ETFs could shift market dynamics, blending the lines between traditional and digital assets