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Capital is accelerating Inflow, the scale of Global ETF has surpassed 15 trillion dollars, and active and leveraged ETFs are becoming new favorites.
In this wave of inflow, the USA is at the center, attracting over 1 trillion dollars as traders bet on a strong rebound of Wall Street Stocks. According to research institution ETFGI, this growth is mainly due to investors' massive shift from mutual Funds to ETFs, primarily active ETFs, leveraged ETFs, and those focused on government and CSI Enterprise bond Index debt.
The world's largest asset management firm Blackrock considers that having 2% of Bitcoin in an asset portfolio is "reasonable."
Blackrock stated that Bitcoin cannot be compared to traditional Assets, and the "seven giants" of U.S. stocks can serve as a reference. Generally, each of the seven Stocks accounts for about 1-2% of the overall investment portfolio, and exceeding this range significantly increases the risk proportion. In the long run, Bitcoin may become less risky, and investors might use it to hedge against specific risks, similar to Gold.
$1 Mln for Bitcoin? Eric Trump Thinks so – Here's What It Will Take
The Texas House of Representatives has proposed a bill to establish a Global Strategy for Bitcoin reserves, which may usher in a stronger "policy tailwind" for Bitcoin.
According to foreign media reports, Texas has proposed a bill to establish its own Global Strategy Bitcoin reserve. If passed, this initiative will make the state a pioneer in Cryptos adoption and financial innovation.
Bitcoin Price Reclaims US$100,000 After AMP Reveals an Investment
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