Kevin O'Leary on Institutional Demand for Spot ETH ETFs

I think what will happen in, it'll be 20% of the flow will be held in the ETF because so many advisors on their compliance back offices do not allow uh wallets of any kind. And so they can buy the ETF very much like AAA stock and show it directly to their clients on their statements. And I think that will suck up a lot of demand. I think it will be very successful. I just would never pay the fees myself. I, I can't even imagine why I would do that. I think 80% of the people will eventually go to the exchanges the same way that they go to exchanges for stocks. And so I see very low fees. I see total transparency. I see complete compliance and lots of liquidity in the traditional manner. So it's kind of ironic that we've gone through the whole crypto cowboy phase and we're right back to where crypto should be integrated into the world's global financial services system.