šØ BANKS ARE BUYING BITCOIN⦠BUT THEREāS ONE DETAIL ALMOST NO ONE IS LOOKING AT.
Barclays increased its position in BlackRockās Bitcoin ETF by 48%: around USD 187 million.
But hereās where it gets interesting:
Does this mean Wall Street really believes in Bitcoin, or is it simply adding it as another asset to its financial strategies?
Because buying BTC to hold onto it is one thing.
Having exposure through Wall Street is something else entirely.
I want to debate this: does the entry of banks strengthen Bitcoin, or make it increasingly dependent on the traditional financial system?
#Bitcoin #BTCāļø #Crypto_JobsšÆ o #cryptouniverseofficial
Barclays increased its position in BlackRockās Bitcoin ETF by 48%: around USD 187 million.
But hereās where it gets interesting:
Does this mean Wall Street really believes in Bitcoin, or is it simply adding it as another asset to its financial strategies?
Because buying BTC to hold onto it is one thing.
Having exposure through Wall Street is something else entirely.
I want to debate this: does the entry of banks strengthen Bitcoin, or make it increasingly dependent on the traditional financial system?
#Bitcoin #BTCāļø #Crypto_JobsšÆ o #cryptouniverseofficial
