Bitcoin ETFs Fuel 60% Price Surge as Major Players Enter Crypto Market

Bitcoin ETFs have made it easier for people to invest in crypto, helping drive Bitcoin's 60% price rise this year.

Grayscale is adjusting its Bitcoin Trust product with lower fees to stay competitive as firms like BlackRock and Fidelity enter the market.

Bitcoin ETF trading volumes now exceed $200 billion, with BlackRock and Fidelity accumulating over 70,000 and 38,000 BTC in the past month.

VanEck's CEO says major brokerages are still cautious about recommending crypto ETFs to advisors, signaling more adoption still needed.

Individual investors continue showing interest in crypto ETFs, which could lead to more institutional involvement down the line.