Institutional Investors Poised to Pour Trillions Into Bitcoin Once Spot ETF Approved, Says EY's Paul Brody

Institutional investors ready to flood Bitcoin market with trillions in investments once spot ETF approved, according to EY's Paul Brody

Brody says lack of regulated crypto products has led to pent-up demand, especially from institutional funds

Notes risks like volatility remain, but sees Bitcoin's fixed supply as key value prop versus assets like gold

Suggests investors buying crypto as an asset, not for payments, as fiat and stablecoins likely to dominate payments

Recent Bitcoin rally fueled by optimism over BlackRock's spot ETF bid, though still early to tell if rally will sustain