3. In Canada, Asset under management (AUM) has seen an increas | MYC Signals

3. In Canada, Asset under management (AUM) has seen an increase in the coin, amassing a total of USD 17.56 billion worth of bitcoins in just two months after the ETF was launched.

Therefore, the US is likely to follow Canada and allow ETF on its market. This will be counterproductive to institutions like Grayscale Bitcoin Trust (GBTC)and Grayscale.