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Monday, May 19, 2025

A Massive $10 Trillion Crypto Game-Changer Is Closer Than You Think—Suddenly Boosting The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin - Forbes

Bitcoin BTC +0.9%, ethereum and other major cryptocurrencies have seen a huge shift in sentiment over recent weeks with prices rising (despite a Tesla bombshell and Elon Musk revealing the cryptocurrency he's "mainly" supporting).
The bitcoin price has added around 20% since this time last month with ethereum making even larger gains as analysts warn a "hundred-pound gorilla" is "getting closer by the day."
Now, after the world's largest asset manager sent shockwaves through the crypto industy last week, BlackRock has suddenly launched a spot bitcoin private trust, opening up the bitcoin and crypto market to the $10 trillion asset manager's U.S. institutional clients.
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"Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients in how to...



Read Full Story: https://www.forbes.com/sites/billybambrough/2022/08/14/a-massive-10-trillion-...

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