Anthony Pompliano Announces the Start of the Bitcoin Accumulation Race

  • Anthony Pompliano announced that the race to accumulate Bitcoin has begun by referring to BlackRock’s Bitcoin spot exchange-traded fund (ETF) application, which is the world’s largest investment company.
  • Pompliano stated that all institutions and individuals are striving to get their share of the circulating 21 million Bitcoins.
  • Pompliano stated that large asset managers like BlackRock have now realized the power of Bitcoin and have allocated a place in their portfolios for the world’s largest cryptocurrency.

Anthony Pompliano, the founder of Pomp Investments, spoke about BlackRock’s Bitcoin ETF application and said that the race for Bitcoin has begun.

Bold Statements About Bitcoin from Pompliano

Anthony Pompliano, the founder of Pomp Investments, announced that the race to accumulate Bitcoin has begun by referring to BlackRock’s Bitcoin spot exchange-traded fund (ETF) application. If this application is approved, it will be the first crypto spot ETF in the United States.

Speaking with Brian Sullivan on the “Closing Bell” segment, Pompliano stated that all institutions and individuals are striving to get their share of the circulating 21 million Bitcoins.

Sullivan referred to Bitcoin as the “cool kids’ thing” and called BlackRock the “most boring company in the world.” The host then asked if BlackRock’s ETF application would affect Bitcoin in any way. Pompliano responded as follows:

“If I ask people on Wall Street if they own Bitcoin, they will tell me it’s the riskiest asset in their portfolio. If I then talk to people in the crypto community, they will tell me it’s the ‘boomer’ coin and the most boring thing in their portfolios. And for me personally, as an investor, this is where I want to sit. I want to have the riskiest asset in the conservative investor’s portfolio and the most conservative asset in the risk-taker’s portfolio.”

Pompliano stated that large asset managers like BlackRock have now realized the power of Bitcoin and have allocated a place in their portfolios for the world’s largest cryptocurrency.

He also added that Bitcoin is still the king and that will not change. While the founder of Pomp Investments believes that Bitcoin will continue to be the winner in the market, he reminded investors to “buy great assets and never sell them.”

BlackRock’s Move Mobilizes Institutions

Following BlackRock’s application, many asset management companies such as WisdomTree, Invesco, and Valkyrie have also submitted their own Bitcoin ETF applications. Influential figures in the crypto community have shown bullish sentiment regarding the potential approval of BlackRock’s spot BTC ETF.

In addition, it is expected that Fidelity Investments will also apply for a spot Bitcoin ETF in the near future.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

CLS Global Faces Criminal Charges for Cryptocurrency Market Manipulation: A Major Settlement Announcement

COINOTAG News, January 22nd. The U.S. Department of Justice...

Crypto.com Launches New Exchange Platform in the U.S. Offering Institutional-Grade Trading Services

According to a recent report by The Block, Crypto.com,...

WLFI’s Bold Move: $2.65 Million USDT Buy Boosts TRX Holdings to 30.1 Million

COINOTAG News Update, January 22: In a significant move...

Trump Grants Full Pardon to Silk Road Founder Ross Ulbricht, Acknowledging Support for Freedom Movement

In a surprising development, former President Donald Trump announced...

Trump Announces $500 Billion AI Infrastructure Investment by SoftBank, OpenAI, and Oracle in the U.S.

On January 21, U.S. President Trump made a significant...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img