21Shares President: The spot Bitcoin ETF is one of the best ETFs ever launched

Ophelia Snyder, co-founder and president of 21Shares, said in an interview with Bloomberg on January 30 that the Bitcoin ETF has been successful. Snyder pointed out: Ultimately, these capital flows are indeed promising. This is one of the best ETF issuances ever. In just a few weeks, our product has over $600 million in assets. Snyder added that this trend is "very exciting" because it stems from a diversified foundation. She suggested that new products will bring advisors into the crypto community, which will shape future ecosystems. Snyder also commented on pending applications for Ethereum spot ETFs. Regarding the possibility of these funds being approved in the next few months, she said: It's hard to say at this stage. It will depend on how arguments supporting Bitcoin products actually translate into Ethereum and how mature this market is. 21Shares holds an optimistic attitude towards Ethereum spot ETFs and says her company looks forward to cooperating with regulators.