the devil is in the details.
this
if there is significant demand for the ETPs on the Swiss SIX and Boerse Stuttgart exchanges, that demand could spill over into the overall market, driving prices higher.[/b]
I suppose that's a big if, though. There's no telling how much interest there is in these products yet.
It also means that if there is significant selling, it will also spill into the overall market...
too simplistic
depending on the details (as already noted), this could either increase "spot" market volume (i.e. if these vehicles permit BTC settlement), or simply prove to be a sideshow to the action (as has been the case with cash-only settled futures markets in the US).
It's too easy to affect BTC's supply-side, because customer delivery of digital abstractions is universally available to all participants in the regular Bitcoin exchanges, so all these layers of contract markets that the traditional financial institutions seek to add to to the cryptocurrency landscape simply cannot operate in the same way they do in the traditional finance system. They can only add liquidity, or perform a pure betting function, they cannot actually contribute to the price trend, as they're not designed for the characteristics of the cryptocurrency market.
