Blockchain ETF Issuers With ‘Crypto Street Cred’ Could Win The Game

It’s been revealed that the blockchain ETF issuers with crypto street cred could turn out the winners. Check out the latest reports about this here.

Blockchain technology continues to present an exciting promise, one capable of boosting efficiency and transparency – this is what financial leaders have said.

Yet blockchain-focused ETFs issued by some of the world’s largest and most influential fund groups have very few assets to show for it, the online publication Blockworks notes.

The phrase “blockchain, not bitcoin” has been a rallying cry of sorts for traditional financiers and crypto-natives alike — a sentiment that crypto’s underlying technology is more valuable than volatile tokens alone.

“Tokenization has been a crypto practice that Wall Street types accustomed to asset-backed securities plays have often championed as a regulated US asset class.”

It’s been also revealed the fact that BlackRock CEO Larry Fink went as far as to say that tokenizing securities is “the next generation for markets” during a New York Times summit in November.

It’s been just revealed that the trader Tone Vays believes that Bitcoin (BTC) could be gearing up for a massive eruption to the six-figure level and go as high as $300,000.

In a new strategy session, Vays said recently that Bitcoin could explode between 792% and 1,238% from current prices in the next bull market.

“So this is my projection. There’s two paths. We can hit this line [diagonal resistance] twice like we did in the last cycle [2021]. [Or], we can hit this line once near the end like we did in the prior cycle [2017]. If we hit it near the end, we’re going to go higher [$300,000]. If we hit it twice, we’re going to go lower [$200,000].”

Stay tuned for more news from the crypto space and make sure to keep your eyes on the markets as well.