Does Crypto Need a Bitcoin ETF CNBC Analyst Says Maybe Not

If you have followed the Bitcoin industries news cycle over the past two years you likely would have noticed an incessantly recurring trend Bitcoin exchange traded funds ETFs these financial vehicles which have yet to appear in US markets are believed by some analysts to be the catalysts that could propel this nascent market to new height.

Indeed an ETF tracking the leading cryptocurrency would give institutions and possibly retail investors their first medium for Bitcoin investment, however not everyone convinced that such vehicles would be the end all and be all for cryptocurrency investment speaking on a CNBC Fast Money segment.

Last week brian kelly of BK CM argued that a bitcoin etf isn't essential for continued development and growth in this budding space while many may take this statement as blasphemous....

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