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The Vanguard Group will start offering clients encryption ETFs and funds tomorrow, and this move is seen as a signal that the TradFi giants are officially getting on board.
What's even more interesting is the timing - the Federal Reserve has just injected $13.5 billion into the banking system through overnight repos, marking the second-largest liquidity operation since the pandemic began. When the market is short on cash, liquidity is released, and institutions just happen to open the floodgates for encryption products. Will this wave of liquidity flow towards $BTC ? Anyway, the channels for traditional funds to get on board are becoming increasingly wider.