Saturday, May 4, 2024

"ABOUT THE NEW DIGITAL ECONOMY" BY GOLDILOCKS, 4 MAY

 GOLDILOCKS

“The coming months will probably see financial institutions such as sovereign wealth funds, pension funds, and endowments start to trade in the spot ETFs, Mitchnick said in an interview.”

Institutional money is beginning to trade within spot Bitcoin ETF. This will provide continuous liquidity and a use-case scenario for Bitcoin. The days of Bitcoin going to zero are fading away rapidly.

This will provide a use case scenario for Bitcoin and solidify a foundational framework for the new digital economy to expand from going forward.

CoinDesk | Investopedia

© Goldilocks

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