BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says By Cointelegraph
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$30 trillion worth of capital could suddenly unlock for the market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.
That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to Bitcoin through a regulated exchange-traded fund.
Continue Reading on Coin Telegraph
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© Reuters.
$30 trillion worth of capital could suddenly unlock for the market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.
That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to Bitcoin through a regulated exchange-traded fund.
Continue Reading on Coin Telegraph
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