BlackRock Bitcoin Spot ETF Can Unlock $30 Trillion
Bloomberg analyst Eric Balchunas suggests that the approval of a Bitcoin spot ETF could have a significant impact on the cryptocurrency market by unlocking approximately $30 trillion in assets controlled by U.S. financial advisors. This analysis highlights the potential transformative effect of a spot Bitcoin ETF and the role of BlackRock, the world’s largest asset manager, in shaping this landscape.