The next Bitcoin halving is approaching and this month it reached 84.5%, precisely 32640 blocks (estimated deadline date is approximately 227 days).
As mentioned in previous articles, halving has always brought a large increase in the price of Bitcoin.
Clearly the events of the past are not always repeated in the same way and above all with the same intensity, things are constantly changing, perhaps for the better?
The number of Financial Institutions that have shown interest (but they have not stopped there) has increased and new ones are added almost every week.
Many of these required the approval of the Bitcoin Spot ETF.
In detail:
- BlackRock ($10T)
- Fidelity ($4.5T)
- Franklin Templeton ($1.5T)
- Invesco Galaxy ($1.5T)
- WisdomTree ($87B)
- VanEck ($61B)
- GlobalX ($40B)
- ARK Invest ($14B)
- Bitwise ($1B)
- Valkyrie ($1B)
Total assets managed: $17.7 trillion
Therefore the influx of capital in the possible approval of these requested spot ETFs would be enormous and unprecedented, causing a real BOOM.
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