For months now, the hottest topic in the crypto world has been the potential approval of a Bitcoin spot ETF. However, do we truly have a comprehensive understanding of which investment companies are interested in launching a Bitcoin ETF and the extent of their assets under management?
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Blackrock
BlackRock, Inc. is an American multinational investment management corporation headquartered in New York City. It was founded in 1988 and has grown to become the world's largest asset manager, overseeing trillions of dollars in assets.
Blackrock
BlackRock provides a wide range of financial services, primarily focused on investment management. Its services include managing mutual funds, exchange-traded funds (ETFs), institutional asset management, alternative investments, risk management, and more. They serve both individual and institutional investors.
$9Trillion Assets under management.
https://en.wikipedia.org/wiki/BlackRock
Fidelity
Fidelity Investments is one of the largest and most well-known asset management and financial services companies in the world. It was founded in 1946 and is headquartered in Boston, Massachusetts.
Fidelity provides a wide range of financial services, including investment management, retirement planning, wealth management, and brokerage services. It offers a variety of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds, and other investment vehicles.
https://en.wikipedia.org/wiki/Fidelity_Investments
$4.5 Trillion Assets Under management
Invesco
Invesco Ltd. is a global investment management company with its headquarters in Atlanta, Georgia. It was founded in 1935 and has grown to become a significant player in the asset management industry.
Invesco provides a diverse set of investment services, including mutual funds, exchange-traded funds (ETFs), separately managed accounts, retirement and pension planning, and other investment solutions.
Invesco manages a broad range of investment strategies across various asset classes, including equities, fixed income, alternative investments, and multi-asset solutions. They serve both individual and institutional investors.
https://en.wikipedia.org/wiki/Invesco
$1.5 Trillion Assets under management
Fraklin Templeton
Franklin Templeton Investments is headquartered in San Mateo, California, and is one of the world's largest asset management companies.
The firm operates globally, with a presence in multiple countries. They serve individual investors, institutions, and financial advisors worldwide.
Franklin Templeton offers a wide range of investment products, including mutual funds, exchange-traded funds (ETFs), separately managed accounts, and other investment solutions. They provide a variety of investment strategies, including equity, fixed income, multi-asset, alternative investments, and more.
https://en.wikipedia.org/wiki/Franklin_Templeton_Investments
$1.4 Trillion Assets under management
So that was the major leagues but those are not the only ones that wants to launch a Spot Bitcoin Etf
WisdomTree - $94 Billion
VanEck - $78 Billion
Global X - $45 Billion
Ark Invest - $14 Billion
Valkyrie - $1 Billion
If we sum this up, it means that the capital exposure for the spot market of BTC could potentially exceed $16 trillion. However, it is important to note that anyone who believes that the launch of ETFs by these companies will instantly lead to a $16 trillion increase in BTC's market cap may be overlooking the complexities of the market.
What BTC stands to gain is the recognition as a safe asset for investment. It is now acknowledged by major players in the industry. In the long term, there is the potential for substantial capital inflow. It may not happen immediately, but this gradual recognition will pave the way for significant opportunities.
Posted Using InLeo Alpha