According to Eric Balchunas, Man Group, the largest publicly traded hedge fund in the UK, has filed for an active income ETF, marking a significant shift as traditionally few overseas firms or large hedge funds have entered the ETF space. Over the past two years, however, there has been a notable increase in such filings, as asset managers target the rapidly growing ETF market to capture greater investor interest and liquidity. For cryptocurrency traders, this trend highlights increasing institutional adoption of ETF structures, which may influence regulatory sentiment and risk appetite for potential crypto ETF products, possibly impacting the market for Bitcoin (BTC) and other digital assets as ETF investment vehicles gain traction. (Source: Eric Balchunas on Twitter, June 13, 2025)