Is this the Big entry of financial institutions into the crypto market??
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Traditional Finance (TradFi) is coming Big to #Bitcoin & cryptos. Just in few days, we have:
- Fidelity, Charles Schwab and Citadel launching their Crypto Exchange.
- Deutsche Bank applying for a crypto custodian license in Germany.
- BlackRock filling for a Bitcoin ETF.
- WisdomTree & Invesco re-activating their files for a Bitcoin ETF.
Is this the Big entry of financial institutions into the crypto world? The market is responding well to the latest news.
(Coingecko Market June 21, 2023)