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VanEck, a 69-year-old traditional finance giant, is optimistic about the role of crypto in its European division. Currently, about 10% of VanEck Europe's assets under management are from crypto products, with the CEO foreseeing this to increase to 50% in the future.
NEW: VanEck Europe CEO says 50% of future AUM will come from #Bitcoin and crypto products 👏
#Bitwise CIO Says #Bitcoin Could Top $200K This Year Citing 'Too Much Demand, Not Enough Supply' ⬇️ #cryptonews https://t.co/fnp8MPQFCe
JUST IN: CEO OF VANECK EUROPE EXPECTS THE COMPANY TO SEE HALF OF ITS BUSINESS FROM #CRYPTOCURRENCY
