Global X Blockchain & Bitcoin Strategy ETF
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The halo of cryptocurrency fades, and retail investors turn to the stock market
Wallstreetcn·- Retail investors, once a reliable source of fuel for the cryptocurrency market, are collectively withdrawing. - A Bloomberg report indicates that since late 2024, retail funds have increasingly shifted towards the stock market, exacerbated by the October 2022 crypto market crash, with Bitcoin's price nearly halving. - This structural shift diminishes the demand foundation of crypto assets, as retail speculation has historically driven their value, while stocks are supported by corporate profits and institutional investments.No need to panic about the sharp drop in cryptocurrency prices? The Trump family's cryptocurrency platform holds a conference at Mar-a-Lago, and Wall Street's attitude shifts
Wallstreetcn·- World Liberty Financial, co-founded by the Trump family, hosted an event highlighting its role in reshaping Wall Street's relationship with digital assets, despite recent cryptocurrency declines. - The event, which attracted about 500 attendees including top finance executives and regulators, underscored a significant shift in attitudes toward cryptocurrency within the industry under a more favorable regulatory environment. - World Liberty Financial is rapidly expanding with a new stablecoin called USD1 and aims to modernize the dollar, positioning itself amidst historic skepticism of cryptocurrencies.