Many of you have been following us for a long time on Croblanc, and you already know that we regularly share new video content from the Youtube channel Only The SAVVY which our community is extremely fond of. That's why we're writing this article today, because we already know that it will arouse your interest.
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For your information, you can find below the description of the video "It's So Obvious What's Coming For Institutions And Bitcoin" | Cathie Wood published by the Youtube channel Only The SAVVY:
“Institutions are coming”. That’s the mantra the Bitcoin community has been hearing for years now. All the experts and pundits from Raoul Pal, Max Keller, Michael Saylor and Kevin O’Leary have been giving their take on what to expect from big institutions and sovereign funds. With the much anticipated ETF, it's a reasonable assumption that the institutions are finally coming. In an interview with Bankless, CEO and CIO of Arkk Invest, Cathie Wood, gave her take on what she sees coming with the institutions. Cathie made a bold claim, stating that she believes it's all but a done deal for the ETF to be approved. Cathie believes the chances are 95%. With that being said, Cathie explained why she believes the institutions are coming faster than we think and how Bitcoin being a new asset class is reminiscent of her early investing days, when real estate was considered a novelty in the 70’s and 80’s. During those times, institutions were allocating 1% into the asset and now, Cathie sees the similarities with Bitcoin being a new asset class, which will eventually demand a considerable amount of allocation from institutions. Lets listen to what Cathie has to say.
To watch the full interview:
https://www.youtube.com/watch?v=2MkgfSaH2PE
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