Nasdaq 100, which is driven by technology, may be subject to a historical transformation, as it reached 40 this week.
According to Todd Sohn Strategas Securities, cryptocurrencies can nourish the next wave of gains.
“Bitcoin is encryption like QQq Technical funds for exchange and technical strategists told CNBC. “ETF EDGE” this week. “Bitcoin It will be the largest. QS will be the largest. “
As of Thursday, Nasdak 100 17,106 % has increased since January 31, 1985, beginning. president Donald TrumpThe elections have helped fuel the Bitcoin measures due to great hopes of canceling organizational restrictions. The cryptocurrency is traded around the level of $ 104,000.
Sohn believes that building Crypto Universe is already formed.
“I think this really happens based on some of the recent deposits that we have seen,” he said.
Sohn also in the popularity of encryption options works.
“With encryption, you can now build risk management.” “Say … I want to get some of the upward trend, but I would like to enter. So, I will buy an encoded ETF call … just to reduce any fluctuations and maintain weekly or monthly income flows. So, this is all kind of important things that will happen (The) nasdaq.
The ETF encryption market was prosperous. According to FactSet, Blackrock's ISHARES Bitcoin Trust Etf (IBIT)The launch on January 5, 2024, and traded on the Nasdaq Stock Exchange, raised more than $ 58 billion of assets from Tuesday.
Nasdak President Nelson Gregs sees organizational clarity as a major factor in the growth of Chroreo in the future.
“An entire sector is developed around something like digital encryption. Now he may have more clarity about the rules of what it will be already,” Gregz said in the same interview.
