BlackRock Bitcoin Spot ETF Can Unlock $30 Trillion

in hive-192766 •  2 years ago 

Bloomberg analyst Eric Balchunas suggests that the approval of a Bitcoin spot ETF could have a significant impact on the cryptocurrency market by unlocking approximately $30 trillion in assets controlled by U.S. financial advisors. This analysis highlights the potential transformative effect of a spot Bitcoin ETF and the role of BlackRock, the world’s largest asset manager, in shaping this landscape.

https://blockchainbytesdaily.com/business/potential-impact-of-a-blackrock-bitcoin-spot-etf-on-the-u-s-financial-market/

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