The direction of the crypto circle always follows the footsteps of Wall Street bigwigs! Recently, asset management giant Invesco made a big move by directly poaching Morgan Stanley's veteran Kathleen Wrynn to be the global head of digital assets, and this is definitely worth discussing in detail!
Think about it, Invesco is not a small player, managing $1.8 trillion in assets, and its ETF business ranks fourth globally. They have long started laying out plans in the crypto field, collaborating with Galaxy Digital on a Bitcoin ETF in 2021, and both Bitcoin and Ethereum ETFs are set to launch smoothly in 2024.
Kathleen Wrynn, this lady, was working on blockchain business at Morgan Stanley, she understands compliance and technology. With her on board, Invesco will surely bring more innovations to the crypto space. Just like BlackRock's Bitcoin ETF launched, which directly purchased 550,000 Bitcoins, if Invesco ramps up its efforts, the influx of funds will definitely heat the market up again!
There are significant opportunities hidden behind this move! Invesco taking the lead in compliance means that the crypto market will transition from 'wild growth' to 'regular forces entering the market'. Follow me for the latest updates on Invesco's new actions and market trends, and I'll keep you informed right away! #看懂K线 #CPI数据来袭