According to a crypto analytical group, the price of Bitcoin should soon exceed $ 35,000. This can help to create the BTC Exchange Fund, whose opening day is approaching.

Well-known investors, including Ari Paul, co-founder of the crypto-currency hedge fund BlockTower, says that the next medium-term rally is likely to be initiated by institutional investors before the end of 2018. Paul said that the last barrier that prevents institutional investors from entering the cryptocurrency market is the lack of trustworthiness and a range of institutional cryptocurrency products. Once Cinodian’s Coinbase solution and the approval of crypto-currency companies are implemented as custodians, institutional investors can enter the cryptocurrency market.

The entry of institutional investors into the cryptocurrency market is not the only way to massively increase the growth of the crypto market. The emergence of such instruments, such as ETFs, can contribute to the next breakthrough. Researchers at IronWood report that ETFs will be a driving force for the next medium-term development.