10/24/23: Here’s Everything You Don’t Know About What’s Happening in Crypto
Bitcoin isn't dead – in fact, its ownership is surging globally. With bitcoin's 70% YTD gain, we look at what that suggests for 2024. While some pundits voice their skepticism, major financial institutions - such as BlackRock, JP Morgan, and Citigroup - and over half of Gen Z are shaping a new financial frontier. As tokenized assets and global regulations evolve, it's more important than ever to keep up.
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman
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Show Notes
On today's podcast, we look at bitcoin's 70% YTD gain and what that suggests for 2024. While some continue to voice skepticism, 425 million people globally today own digital assets. More than ever, financial advisors need to recognize the growing adoption of this new asset class, especially considering that over half of Gen Z is already invested.
Major financial institutions - including BlackRock, JP Morgan, and Citigroup - are actively engaged. And it’s easy to see why, with the market for tokenized assets projected to hit $16T by 2030. Clearly, the financial services industry is about to experience a transformative change. How are global regulations evolving, and where does the U.S. stand in this crypto race? Tune in for the latest insights.
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Links from today's show:
Capturing Yields in a High-Rate Environment with Bond ETFs (Free Webinar - TODAY - Register HERE): https://dacfp.com/capturing-yields-in-a-high-rate-environment-with-bond-etfs/
99 Bitcoin.com: https://99bitcoins.com/bitcoin-obituaries/?utm_medium=email&_hsmi=237322685&_hsenc=p2ANqtz-84lfpVg1ey4k0_Tve5oK_oxZClVKJf0H0AxO5Ykfm7zm1pNx0mtUhRk5n1tVLhe3f3fYa4QkAL105YHGuUHDz5wCwmRQ&utm_content=237322685&utm_source=hs_email
FINRA Foundation-CFA Institute Research Focuses on Gen Z Investors: https://www.finra.org/media-center/newsreleases/2023/finra-foundation-cfa-institute-research-focuses-gen-z-investors
The Crypto Wealth Report: https://www.henleyglobal.com/publications/crypto-wealth-report
Digital Assets Council of Financial Professionals: https://dacfp.com/
EY announces general availability of EY Blockchain Analyzer: Reconciler: https://www.ey.com/en_gl/news/2022/05/ey-announces-general-availability-of-ey-blockchain-analyzer-reconciler
Mastercard demonstrates interoperable CBDC for trusted Web3 commerce in Australia and beyond: https://www.mastercard.com/news/ap/en/newsroom/press-releases/en/2023/mastercard-demonstrates-interoperable-cbdc-for-trusted-web3-commerce-in-australia-and-beyond/
Tokenization of illiquid assets to reach $16T by 2030: Report: https://cointelegraph.com/news/tokenization-of-illiquid-assets-to-reach-16t-by-2030-report
CBDA designation - become Certified in Blockchain and Digital Assets:http://dacfp.com/certificatIon/
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