However, it should be taken into account that after this news the market will react positively, but also that it will not be long-lived because who can say with certainty that large investors will really invest billions in such a fund?
Examples from some other countries where such an ETF exists have shown that large investors are not too enthusiastic about it, although we can hardly compare such a market in Canada with that in the US.
This is right, so far so good, The market has been positively moving and no signs of a negativity. Since they are friendly and less difficult, having regulations in the same process they'll do a great deal for these investors. It also supports Bitcoin adoption in very good way. Sure we'll see investors investing billions.
In Europe they have taken this to another level, they have embraced crypto more unlike the United State. ETF will definitely thrive in Canada more than the United States of America who are normally leaders whenever it comes to such innovative technologies and ideas.
This is unlike the United States. As for the original owner of the post, you will need most importantly a first hand information from a journalist or reporter who works with the company.