BTC trend 08-Jan-2024
Up only.
Bloomberg's analysts highlight that BlackRock is poised with over $2 billion ready for its ETF launch. Anticipation is high for significant investments from other major issuers like Fidelity, Invesco, Bitwise, and VanEck 🚀.
Ark Invest is reportedly planning a $200 million investment in their ETF, a move to substitute the recently sold GBTC holdings in their ARKW fund 🔥.
Additionally, there's already $200 million in seed capital announced 👌.
Summing up these figures, we're looking at a likely influx of over $2.5 billion. Considering the involvement of other issuers, the first day could see buy pressure reaching up to $4 billion.
Let's also remember the 620,000+ SEC/FINRA licensed investment professionals in the US, along with thousands of broker-dealers and over 15,000 RIAs 😉.
While they may not jump into ETFs immediately, we can expect them to gradually gain exposure in the following weeks 🔥.
Up only.
Bloomberg's analysts highlight that BlackRock is poised with over $2 billion ready for its ETF launch. Anticipation is high for significant investments from other major issuers like Fidelity, Invesco, Bitwise, and VanEck 🚀.
Ark Invest is reportedly planning a $200 million investment in their ETF, a move to substitute the recently sold GBTC holdings in their ARKW fund 🔥.
Additionally, there's already $200 million in seed capital announced 👌.
Summing up these figures, we're looking at a likely influx of over $2.5 billion. Considering the involvement of other issuers, the first day could see buy pressure reaching up to $4 billion.
Let's also remember the 620,000+ SEC/FINRA licensed investment professionals in the US, along with thousands of broker-dealers and over 15,000 RIAs 😉.
While they may not jump into ETFs immediately, we can expect them to gradually gain exposure in the following weeks 🔥.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.