BlackRock’s Entry Into Crypto Matters More Than U.S. Election, QCP Capital’s Darius Sit Says

While there may be some short-term volatility in crypto markets depending on whether Donald Trump or Kamala Harris becomes the leader of the world’s largest economy, what’s more important is the broader integration of crypto, especially bitcoin (BTC), into American finance. For example, the widespread adoption of bitcoin exchange-traded funds (ETFs), with BlackRock (BLK), the world’s largest asset-management firm, running the biggest.

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Cryptocurrencies: 16,188
Markets: 1,192
Marketcap: $ 3.70 T
24h Vol: $ 333.90 B
BTC Dominance: 54.60%