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Bitcoin hits a new high, racing toward 0.1 million dollars! The asset management scale of bitcoin etf is expected to surpass that of gold etf.
① As bitcoin continues to reach new highs and approaches the $0.1 million mark, the asset management scale (AUM) of us etfs directly investing in bitcoin surpassed $100 billion for the first time this Thursday; ② This also brings us cryptocurrency investors closer to achieving a long-awaited goal: for the asset management scale of bitcoin etfs in the usa to exceed that of gold etfs.
The first "cryptos czar" in the White House? Media suggests the "father of cryptos" is the most likely to be elected.
Chris Giancarlo served as the chairman of the CFTC during Trump's first term, during which bitcoin futures were approved for listing in the U.S. Media reports state that Giancarlo was a key member of Trump's team both before and after the election. In the past few weeks, he withdrew from the competition for the CFTC and SEC chairman positions, stating his willingness to take on a White House role referred to as the 'cryptos tsar.' Bitcoin surged past $0.099 million on Thursday, setting a new historical high.
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Industry interpretation: Bitcoin price breaks 0.1 million USD - why is this so important for the crypto industry?
In this article, the author will analyze how bitcoin's breakthrough of $0.1 million will impact market dynamics, regulatory environment, institutional adoption, and the broader cryptocurrency ecosystem.