Bears, come in and tell me—how is the price of $BTC supposed to drop when these mega institutions are buying in?
US wealth management channels are opening their doors to BTC and crypto assets. Let’s talk about the institutionalization of crypto assets. Yesterday, besides the big news that US Vanguard Group is now allowing crypto asset ETFs to be traded on its platform, the biggest headline was that the nation’s largest commercial bank, Bank of America, officially recommended that clients allocate up to 4% of their funds to Bitcoin and cryptocurrencies. In fact, banks started making these move
US wealth management channels are opening their doors to BTC and crypto assets. Let’s talk about the institutionalization of crypto assets. Yesterday, besides the big news that US Vanguard Group is now allowing crypto asset ETFs to be traded on its platform, the biggest headline was that the nation’s largest commercial bank, Bank of America, officially recommended that clients allocate up to 4% of their funds to Bitcoin and cryptocurrencies. In fact, banks started making these move
BTC3,4%
