BlackRock's Jay Jacobs recently shared insights on CNBC about the cryptocurrency market, suggesting that Bitcoin is still in its nascent phase despite the sector's massive growth potential. With institutional capital reaching the $12 trillion threshold, major financial players continue to view digital assets as an emerging opportunity. This perspective underscores how early-stage Bitcoin adoption remains, even as mainstream institutions ramp up their blockchain exposure and investment strategies.
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CoinBasedThinking
· 16h ago
It's still early. BlackRock and the others have also realized that the 12 trillion yuan is just the beginning.
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fork_in_the_road
· 01-08 22:32
$12 trillion entering the market, still claiming to be early for Bitcoin. BlackRock's promotional campaign is truly outstanding.
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GlueGuy
· 01-07 23:00
Only 12 trillion? Feels still too little. It needs to multiply several more times for a real explosion.
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ShortingEnthusiast
· 01-07 22:47
Early stage my ass. BlackRock is already in, and you're still calling it early? That's a clear signal of trying to harvest the little guys.
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AllTalkLongTrader
· 01-07 22:47
12 trillion still called early? Blackstone is hinting that it needs to rise ten more times.
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ChainProspector
· 01-07 22:43
The early bonus period hasn't completely passed yet. Institutions entering now are really just picking up bargains.
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12 trillion yuan still calls it nascent; BlackRock's words are a bit pretentious. Capital just loves this kind of talk.
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Wait a bit longer; the real big trend hasn't arrived yet. This is just the prologue.
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Hearing Jay say this makes me even more optimistic. If the big players are so cautious, it means the opportunity is really still great.
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Ha, so we're still early birds. Just lie back and wait for institutions to keep throwing money in, and that's it.
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ContractBugHunter
· 01-07 22:41
Speaking of which, BlackRock and these guys are only now saying that Bitcoin is still in its early stages? It makes me want to laugh. With 12 trillion in liquidity already in, they still dare to call it nascent—really good at teasing the appetite... But to be fair, they're not wrong; our circle is indeed far from reaching the ceiling, and the main institutions are just starting to lay the groundwork.
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MemeCurator
· 01-07 22:32
12 trillion is still considered early; I'm tired of this phrase. The real institutions have already jumped in.
BlackRock's Jay Jacobs recently shared insights on CNBC about the cryptocurrency market, suggesting that Bitcoin is still in its nascent phase despite the sector's massive growth potential. With institutional capital reaching the $12 trillion threshold, major financial players continue to view digital assets as an emerging opportunity. This perspective underscores how early-stage Bitcoin adoption remains, even as mainstream institutions ramp up their blockchain exposure and investment strategies.