📣Blockchain expert Fiorenzo Manganiello predicts that by 2025, cryptocurrency ETFs will make up 5% of hedge fund and pension fund portfolios! 👀
Manganiello, co-founder and managing partner of LIAN Group, made the prediction after BlackRock's Bitcoin ETF accumulated $16.7 billion in assets since launching in January 2024. Additionally, the Ether ETF is expected to receive final approval from the US Securities and Exchange Commission (SEC) this summer.
📈Manganiello is confident that regulatory approvals will encourage institutional investors to enter the crypto market.
💬"Cryptocurrencies are starting to rebut critics; they have been granted regulatory legitimacy," says Manganiello.
🚀He emphasizes the importance of adaptability for institutional investors and notes that cryptocurrencies can be highly profitable, and institutional investors will certainly want to take advantage of this as they seek to diversify their holdings.
What do you think about this? Share your thoughts in the comments! 👇