BlackRock Launches Bitcoin ETF: Unlocking $19 Trillion of Investment Money?

Valuetainment

English - January 22, 2024 14:50 - 10 minutes - 9.66 MB - ★★★★★ - 770 ratings
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Patrick Bet-David highlights a pivotal development in the cryptocurrency world: the SEC's official approval of 11 applications for Bitcoin ETFs. This decision marks a significant turning point for Bitcoin, potentially catalyzing its growth and integration into mainstream financial markets. Beginning with highlighting the big players in the finance sector, including BlackRock, Fidelity Investments, Ark Investments, Invesco, Wisdom Tree, Bitwise Asset Management, Valkyrie, and Grayscale, who have submitted applications for Bitcoin ETFs. This move signals a growing acceptance and interest in cryptocurrency from major institutional investors.

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

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