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1971: Cantor Is Building A Bitcoin Bank Targeting $500T Market - $2.2M BTC In Play
Apr 24, 2025
35:11
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Quick takeaways
- The launch of Cantor Fitzgerald's new venture, Twenty One, with 42,000 Bitcoin aims to institutionalize crypto investments significantly.
- Recent massive inflows into U.S. Bitcoin ETFs indicate a major shift in institutional investors' perception of cryptocurrencies as long-term assets.
Deep dives
Bitcoin Market Surge and Valuation
Bitcoin has recently experienced a significant market surge, with its price jumping over $2,500 in a short span. This upward movement has brought Bitcoin close to the coveted six-figure milestone, trading just shy of $94,000 at one point. With institutional investors piling into U.S. Bitcoin ETFs, inflows have seen unprecedented levels, surpassing the average daily inflow for 2025 by more than 500 times. The overall crypto market capitalization is nearing the $3 trillion mark, which showcases the renewed interest and bullish sentiment surrounding Bitcoin and other cryptocurrencies.
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