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JUST IN: 🟠 Bitcoin ETFs could attract up to $24 BILLION after approval, including 20% of demand from precious metal ETFs switching to Bitcoin - Matrixport

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Derek Ross 2y ago

Only 24B? 🤔

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unknown 2y ago

Seriously. Why so bearish?! Lol

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B.O.P 2y ago

Blackrock alone manages over $10 trillion, if money managers get 1% of this allocated it would be $100B overnight. Thats just blackrock… not mentioning the other 10 ETFs waiting for approval. Think this math is extremely conservative to the point that it’s probably wrong.

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Derek Ross 2y ago

Right. It's missing a couple zeros.

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anon 2y ago

What is this? An inflow for ants? 🐜 😂