DaoResearcher
There’s been an interesting chain reaction lately. Vanguard just announced the opening of BTC ETF trading, and that same night Bank of America followed suit—directly approving wealth advisors to suggest clients allocate 1% to 4% of their assets to Bitcoin and other cryptocurrencies.
The signal behind this move is pretty clear. Big institutions like Wells Fargo and UBS are likely watching closely and could soon follow. The bigger picture is that tech giants with massive cash flows—like Microsoft and Amazon—might one day start allocating a portion of their funds to the crypto market as well. The
The signal behind this move is pretty clear. Big institutions like Wells Fargo and UBS are likely watching closely and could soon follow. The bigger picture is that tech giants with massive cash flows—like Microsoft and Amazon—might one day start allocating a portion of their funds to the crypto market as well. The
BTC-0.96%