Last week was about what Crypto could benefit from TradFi like Blackrock, today, let’s check out;
What does TradFi stand to gain from offering Bitcoin ETF’s?
Last week was about what Crypto could benefit from TradFi like Blackrock, today, let’s check out;
What does TradFi stand to gain from offering Bitcoin ETF’s?
1/ Two words: diversification and high returns.
Crypto offers a new asset class with profit potential that makes Wall Street's bulls and bears look like they're playing in a sandbox.
Take the example of HBD offering a 20% APR on saving stable coin
TradFi institutions would crumble 100 times if they attempted to offer such a sustainable yield-generating service. 🤣
Not to mention the amount of management fees to accrue
The snowball of Institutional investment in crypto has started to roll and the markets are yet to fully price in the HSBC news. Where do we go from here.
Check out the full scoop in my post 👇
https://leofinance.io/posts/mistakili/hsbc-hong-kong-blackrock-and-crypto-etfs-whats-in-it-for-them