Glassnode Lianchuang: The total assets of companies currently applying for Bitcoin spot ETFs exceed US$15 trillion
Yann Allemann, co-founder of on-chain analytics company Glassnode, disclosed on social media that data shows Bitcoin exchange-traded funds (ETFs) are changing the global financial framework. Currently, companies seeking approval for Bitcoin ETFs have total assets under management of over $15 trillion, indicating a large potential demand. Once a Bitcoin ETF is approved, institutional FOMO may trigger a bull market. Financial institutions in the United States that have applied for Bitcoin ETFs include BlackRock, WisdomTree, Invesco/Galaxy, Valkyrie, and VanEck.
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