Bitcoin ETF will Increase Demand and Price of BTC, Interview with Finance Researcher Stephen McKeon

CryptoSlate conducted an interview with Stephen McKeon, chief strategy advisor to Security Token Academy and associate professor at the University of Oregon.

McKeon anticipates that a Bitcoin ETF will give institutional investors greater access to the asset, increasing the demand and price of BTC. He also elaborated on topics ranging from asset tokenization, crypto's role in the global economy, and the criteria for mainstream adoption.

In addition to his work at Security Token Academy, Stephen McKeon serves as an advisor to Harbor, a security token issuance platform.

McKeon co-founded the real-estate firm known as Skyworks Development Group in 2017.How an ETF Approval Will Impact the Cryptocurrency Industry.

While some members of the cryptocurrency community anticipate that the approval of a Bitcoin ETF will have a positive effect on the bitcoin price, others do not see the point of having one.

"Approval of an ETF will make Bitcoin exposure more easily attainable to a larger pool of Investors. If there is latent demand that is being suppressed due to accessibility, then the ETF would increase buy side pressure and have a positive influence on price."

McKeon anticipates that the approval of Bitcoin ETFs will attract a group of investors that currently have difficulties investing in Bitcoin in a way that complies with regulations.

According to McKeon, the entry of such investors into the bitcoin market will lead to an increase in both demand and price.

Stephen McKeon emphasized Security Token Academy's believes in tokenized assets as the best means of "Documenting and transferring ownership claims." A quintessential example is the tokenization of real estate assets.

McKeon believes crypto technology has to outcompete other information structures before mass adoption can be achieved.