The total market value of Bitcoin has surpassed that of silver, becoming the eighth largest asset in the world by market value
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Bitcoin ETF spot trading approval has far-reaching impact
Bitcoin ETFs are listed on mainstream exchanges, which can reach more investors such as retirement funds, investment institutions, and retail investors, inject huge capital into the crypto market, expand trading volume, and accelerate the acceptance of ordinary people.
Cryptocurrency ETFs drive surge in related companies
But the current situation has changed a lot. People in the financial industry, Wall Street, and most issuers themselves judge that the SEC is likely to approve the listing of multiple cryptocurrency ETFs at the same time before January 10, 2024.
How does BlackRock, the world’s largest index and asset management company, make money?
BlackRock’s AUM like index trackers and ETFs top $9 trillion by mid-2023
How Does Private Equity Giant Blackstone Make Money?
Schwarzman and his mentor Peter Peterson left Lehman Brothers to co-found Blackstone with $400,000
Should investors chase the ESG?
Should investors chase the ESG?