TD Ameritrade VP: Tens of thousands of our clients are interested in Bitcoin

posted 5 months ago
TD Ameritrade VP Steven Quirk said institutional demand for Bitcoin-related products, such as physically tied futures, is slowly growing. He also said “We get calls, emails, 60,000 clients have traded something in this complex… As soon as you open the door, you’re going to get a lot of people.”

He also noted that attendance has been “off the charts” at the Bitcoin education events facilitated by the company, and that this intense interest isn’t just from millennials, but older retail investors too. As for their outlook on the future of digital assets, Quirk compared the current market to the dot com bubble of the 1990s. While the bubble ultimately burst, successful companies like Facebook, Apple, Amazon, Netflix and Google (FAANG) emerged. “The second iteration of this could look just like the FAANG complex” Quirk predicted.
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