As of June 30 this year, global holdings of Bitcoin listed products (ETPs) have climbed to US$158.62 billion; global Ethereum ETP holdings have climbed to US$14.65 billion, and holdings of other types of cryptocurrency ETPs have climbed to US$10.16 billion.
As of June 30 this year, global holdings of Bitcoin listed products (ETPs) have climbed to US$158.62 billion; global Ethereum ETP holdings have climbed to US$14.65 billion, and holdings of other types of cryptocurrency ETPs have climbed to US$10.16 billion.
That is to say, the global cryptocurrency ETP holdings have reached at least $183.43 billion. This does not include Chinese data.
Monika Calay, director of Morningstar Management Research, analyzed that there are both political and financial factors behind this phenomenon.
Trump: Make the United States the “global cryptocurrency capital”
Politically, US President Trump once wooed the cryptocurrency circle during the campaign, promising to make the United States the “global cryptocurrency capital” and plan to establish a “Bitcoin strategic reserve” and a cryptocurrency advisory committee.