Anonymous investor Q&A websites predict that the approval of Bitcoin Spot Trading Fund (BTC) will trigger a large influx of funds from Wall Street giants.This analyst told his 447000 YouTube users that investment giants Fidelity, Credit Suisse, Citadel, Deutsche Bank, BlackRock, Nomura Securities, and Franklin Templeton manage $25
Anonymous investor Q&A websites predict that the approval of Bitcoin Spot Trading Fund (BTC) will trigger a large influx of funds from Wall Street giants.
This analyst told his 447000 YouTube users that investment giants Fidelity, Credit Suisse, Citadel, Deutsche Bank, BlackRock, Nomura Securities, and Franklin Templeton manage $25.22 trillion in assets.
According to analysts, if these seven Wall Street companies allocate only 0.5 percentage points of their asset management scale to spot Bitcoin ETFs in the first year after the halving of Bitcoin in April 2024, this flagship cryptocurrency asset may soar by approximately 3219% from its current level in less than five years.
According to analysts, if these seven Wall Street companies allocate only 0.5 percentage points of their asset management scale to spot Bitcoin ETFs in the first year after the halving of Bitcoin in April 2024, this flagship cryptocurrency asset may soar by approximately 3219% from its current level in less than five years.
This is a hypothesis that in the first year starting from April 2024, the 0.5% of managed assets will continue to rise. If this situation only occurs in the first year, then demand for Bitcoin will skyrocket by April 2028.
Regarding when Wall Street giants can start purchasing Bitcoin Exchange Traded Funds (BTCs), this analyst said that they should see approval for Bitcoin Exchange Traded Funds.
A senior executive at BlackRock stated that they will acquire this spot ETF within the next three to six months. As I said, it must be before halving. BlackRock does not want to enter the market after the stock price has halved. They know it's time for fireworks
At the time of writing, the value of BTC was $27715.
#Cryptocurrency # # BTC # # Digital Currency#
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