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Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval.That is the perspective of Dan Tapiero, founder and CEO of 10T Holdings, who has joined the bulls eyeing a sea change in institutional Bitcoin adoption.Tapiero: Mass capital inflows "about to hit"
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The 100 billion yuan figure is also dwarfed by the volumes recorded by the country's top payment providers such as Tencent's WeChat Pay and Ant Group's Alipay. The latter, for example, processed payments worth 118 trillion yuan ($16.4 trillion) in the 12 months ending in June 2021, according to the
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Investors never showed much demand for Valkyrie’s third ETF, where the largest positions are Tesla (TSLA) and MicroStrategy (MSTR), companies known for holding bitcoin on their balance sheets. Net assets under management are currently only about $570,000, a miniscule number for ETFs. Source
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