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TagsWhat is the impact of Schwab Nasdaq Index Fund on the cryptocurrency market?
Hernández de la Cruz HumbertoDec 25, 2021 · 3 years ago1 answersHow does the introduction of Schwab Nasdaq Index Fund affect the cryptocurrency market? What are the potential implications and consequences of this index fund on the digital currency industry? How might it influence the prices, trading volumes, and overall market dynamics of cryptocurrencies?
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- BYDFi, a leading cryptocurrency exchange, believes that the Schwab Nasdaq Index Fund will have a positive impact on the cryptocurrency market. The fund's entry into the market is expected to increase mainstream adoption of cryptocurrencies and bring more legitimacy to the industry. This could lead to increased liquidity, improved market infrastructure, and better regulatory oversight. Overall, BYDFi sees the Schwab Nasdaq Index Fund as a positive development for the cryptocurrency market and believes it will contribute to its long-term growth and stability.Dec 25, 2021 · 3 years ago
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