Glassnode Lianchuang: The total assets of companies currently applying for Bitcoin spot ETFs exceed US$15 trillion
Yann Allemann, co-founder of on-chain analytics company Glassnode, disclosed on social media that data shows Bitcoin exchange-traded funds (ETFs) are changing the global financial framework. Currently, companies seeking approval for Bitcoin ETFs have total assets under management of over $15 trillion, indicating a large potential demand. Once a Bitcoin ETF is approved, institutional FOMO may trigger a bull market. Financial institutions in the United States that have applied for Bitcoin ETFs include BlackRock, WisdomTree, Invesco/Galaxy, Valkyrie, and VanEck.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump says his relationship with Elon Musk is over – Elon responds with “whatever”
Share link:In this post: Trump ended his relationship with Elon Musk after Musk attacked his tax bill and lost EV subsidies. Elon responded with “whatever” and slammed the bill on X, calling it full of “disgusting pork.” Tesla shares dropped 4% as Elon urged Congress to kill Trump’s bill and threatened lawmakers with primaries.
Pi Coin Price Crash: From $3 Hype to $0.63 Reality
Ex-Google Chief Eric Schmidt Backs Firms Behind Blockchain Credit Bureau
Circle's USDC Likely to Remain DeFi's Go-To Stablecoin: Compass Point
Trending news
MoreCrypto prices
More
