There is only one small thing that must be noticed: They will be trading futures contracts.
They wont buy or sell bitcoin directly, but they will "bet" in the traditional exchanges where the price will go.
The people that will trade these futures contracts wont be buying or selling bitcoin, so their money wont go to the market captalization. They will have a contract with the exchange that will be settled directly with them.
But, this might actually move the price up or down, because a lot of people will stay on the watch to see if these investors will go long or short on bitcoin, and that can lead to buys or sells.
Yes, and also will any of the contracts by either firm be cash settled?
My sentiments, exactly!
There is a good chance though that these same people will enter the actual coin market to hedge risk or to take advantage of any profit seen in the fair value.
That, and maybe the future market will be used as hedge. There is a lot of possibilities