panelists: Spot Bitcoin ETFs solved access, but custody, advisors and plumbing still lag, panelists say

Senior figures from CoinShares, Calamos, ProShares and Flow Traders flagged Coinbase-heavy custody concentration, modest advisor uptake and creation-flow inefficiency as being among the next set of problems to solve. What to know : Spot Bitcoin ETFs solved crypto’s long-running access problem by putting bitcoin exposure inside a familiar brokerage and wealth-management wrapper. Advisor adoption remains modest relative to the size of the wealth-management market, with client-communication risk still limiting broader allocations. Custody concentration and inefficient creation flows remain key structural issues as bitcoin ETFs mature beyond their launch phase.