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A Perspective Of The Massive Liquidity Approaching Crypto

All Cryptocurrencies

by COINS NEWS 89 Views

I want to keep this post short and just put an idea out there.

These are the Bitcoin ETFs filed in the last 2 weeks and the amount of assets their managers hold.

Blackrock - $10 Trillion Fidelity - $4.5 Trillion Invesco - $1.49 Trillion Wisdom Tree - $87 Billion Valkvrie - $1 Billion

Collectively these asset managers, hold 16.078 trillion dollars.

The entire market cap of Bitcoin is 595.7 Billion, that’s 3% of 16 trillion.

The entire crypto market cap is 1.23 Trillion. That’s 13 times smaller than 16 trillion.

Now imagine these asset managers only relocated 8% of their liquidity into crypto…. That would double the entire market capitalization!

submitted by /u/Zein313
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