One of the biggest asset managers in the United States and major investor in the gold market, VanEck, is now entering the Bitcoin.The investment giant is currently managing an estimated amount of $38 billion in assets. The firm which was founded in 1955, has offices in the United States, Germany, and Australia, which in recent years has focused on precious metals like gold, silver, and platinum.
The market capitalization of Gold is about $7 Trillion, compared to the market cap of Bitcoin which is a little over $71 billion, Bitcoin appears relatively small. But VanEck believes that there still a lot of potential in the Bitcoin market.
Yeah! There is great potential in the Bitcoin market. If VanEck believes it, it is because he already know what bitcoin really is in the coming future. He knows already that there are tendency that bitcoin become the main currency entire the world. Nothing to worry because that was the future of bitcoin. If one Business man enters a new business I'm sure that business will shine because there is one thing I know a business man and investor like VanEck can predict one business if it will be successful. They are investors, a business man and they already knows the pattern of business. So, I'm sure if they are entering Bitcoin now it is because Bitcoin will Shine as Diamond in the coming future.