The latest data shows the following:
BlackRock already exceeds 52 billion dollars in positions within its Bitcoin ETF.
💰 What does 52 billion mean? It is more than 99% of all hedge funds worldwide in terms of assets under management.
💰 And this corresponds to a single ETF: within BlackRock's crypto assets, this fund alone already exceeds 50 billion.
💰 And this is not retail money, but capital from pension funds, endowment funds, family offices, and other institutions.
When a single product launched by the largest asset manager in the world exceeds 50 billion dollars, you still doubt whether institutions are entering.
The answer is very clear: they are already here.
#MarketRebound #TradeCryptosOnX #CPIWatch $BTC $ETH $XRP
BlackRock already exceeds 52 billion dollars in positions within its Bitcoin ETF.
💰 What does 52 billion mean? It is more than 99% of all hedge funds worldwide in terms of assets under management.
💰 And this corresponds to a single ETF: within BlackRock's crypto assets, this fund alone already exceeds 50 billion.
💰 And this is not retail money, but capital from pension funds, endowment funds, family offices, and other institutions.
When a single product launched by the largest asset manager in the world exceeds 50 billion dollars, you still doubt whether institutions are entering.
The answer is very clear: they are already here.
#MarketRebound #TradeCryptosOnX #CPIWatch $BTC $ETH $XRP