It is thought that a new era has begun as traditional finance giants, which manage 27 times more money than the total of the crypto money market, accelerate their investments in Bitcoin (BTC) and the crypto money sector.
The world’s largest investment company recently BlackRock’s spot Bitcoin ETF (exchange investment fund) with the application strengthened traditional finance companies’ interest in the cryptocurrency sector, In the intervening process, many move continued with. Recently, primarily bitcoin on the cryptocurrency industry leap The average size of traditional financial companies that make 27 trillion your dollar on.
In general, companies entering the sector bitcoin And Ethereum (ETH) heavily invested in towards while being seen asset management And payment services about this field shown interest It was noted that it was within the scope of its activities. Current investments in cryptocurrencies compliant with regulations activities in terms of ETFs It was among the remarkable details that it was carried out through
Also recently resources, of Fidelity spot Bitcoin ETF ready to apply and will try his luck 5. company would be suggested.
Head of Strategy for crypto asset manager CoinShares Meltem Demirors On June 26, he published on his official social media account. shipment with BlackRock, Fidelity, JPMorgan, Goldman Sachs And Bank of America (BOFA) financial giants such as crypto money sector recently to their breakthroughs drawing attention to a new age implied it was entered.
Contrary to expectations of institutional investors wave in case of not also one by one Demirors stated that he came cross-industry of bridges stated that it started to be established.
Demirors also available decline to the crypto industry for many traditional finance companies their entry for a nice opportunity as seen but in the process crypto market And trade volumes however, surprisingly, he stated that he was at the opposite point. For this reason, companies’ entry strategies changed Demirors, implying that there may be billion dollar traditional financial firms due to their purchase for them to do expensive He suggested that he might have come.
Demirörs, at this point, the companies entering the sector to entryways generally viewed “construction” And “partnership” the way has yet to be chosen “buy” He supported his thesis by stating that he was not seen.
On the other hand, the breakthroughs conservative Demirörs pointed out that they are progressing within a framework. from every class industry to appeal to the user development for that you matter underlined.
Demirors, your first step educating people And support the industry to users in the current situation while indicating that simple And trustworthy to feel important Although the industry has not yet at the beginning of development He also added that he was