"Cryptocurrency Market Cap to Surpass $100 Trillion...Influence of Traditional Finance Influx"
JH Kim
Summary
- Jon Ma stated that after 2024, Traditional Finance will grow the cryptocurrency market cap to over $100 trillion.
- He mentioned that asset managers like Fidelity and BlackRock will utilize exchange-traded funds (ETFs) for investing in digital assets.
- This signifies the full-scale influx of Traditional Finance into the cryptocurrency market.
Jon Ma, founder of the blockchain data platform Artemis, stated on the 25th (local time) via X (formerly Twitter) that "the influx of Traditional Finance (TradFi) after 2024 will grow the market capitalization of the cryptocurrency market from the current $3.5 trillion to over $100 trillion."
He revealed that asset managers like Fidelity and BlackRock are preparing to launch exchange-traded funds (ETFs) and new products to invest in digital assets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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