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BlackRock's 'Great Convergence': Crypto ETFs Pulling Bitcoiners into TradFi
CryptocurrenciesBasic

BlackRock's 'Great Convergence': Crypto ETFs Pulling Bitcoiners into TradFi

BlackRock executives are observing a significant trend they term the 'Great Convergence,' where cryptocurrency, decentralized finance, and traditional finance are increasingly merging. This phenomenon is driven in part by the success of crypto exchange-traded funds (ETFs), which are attracting Bitcoin investors into the established financial system.

Published 3 hours ago
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