BlackRock's $9.5 Trillion May Flow Into Digital Assets, Bitcoin Expert Willy Woo Believes

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BlackRock's $9.5 Trillion May Flow Into Digital Assets, Bitcoin Expert Willy Woo Believes
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Bitcoin expert Willy Woo predicts BlackRock's $9.5 trillion shift toward digital assets

has suggested that BlackRock's $9.5 trillion in assets under management could potentially migrate toward digital assets, particularly Bitcoin, as younger generations express growing confidence in cryptocurrency.Woo's comments come in the wake of recent statements by BlackRock CEO Larry Fink, who emphasized the need to engage younger investors disillusioned with conventional financial systems, particularly regarding retirement savings.

Recent data indicates a notable increase in inflows into spot Bitcoin ETFs, with a daily net inflow of $418 million recorded March 26, marking the largest influx since March 13. This surge comes amid a backdrop of general market volatility, including significant sell-offs in Grayscale and modest inflows to Bitcoin ETFs.flows have rebounded following a period of selling, with significant interest from self-custody investors during market dips.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.MEMECON: The First-Ever Meme Coin Conference, Celebrating MEME Culture in Lisbon! Lets Get REKT!

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