Banks Poised to Reenter Digital Asset Market in 2025
This development marks a strategic shift after years of cautious involvement in the cryptocurrency space.
Current Market Context:
1. Total cryptocurrency market capitalization exceeds $3.7 trillion
2. Bitcoin constitutes over half of the total cryptocurrency market value.
3. Spot Bitcoin ETFs have seen remarkable growth, with BlackRock's iShares Bitcoin Trust reaching $50 billion in assets under management in just 227 trading days
#banks #DigitalAssets #cryptocurrency #bitcoin #blackrock
This development marks a strategic shift after years of cautious involvement in the cryptocurrency space.
Current Market Context:
1. Total cryptocurrency market capitalization exceeds $3.7 trillion
2. Bitcoin constitutes over half of the total cryptocurrency market value.
3. Spot Bitcoin ETFs have seen remarkable growth, with BlackRock's iShares Bitcoin Trust reaching $50 billion in assets under management in just 227 trading days
#banks #DigitalAssets #cryptocurrency #bitcoin #blackrock
7 days ago