Only one of these cryptocurrencies has staying power.
During the past decade, Bitcoin ( BTC -5.56% ) has undergone one of the most remarkable image transformations in financial history. What began as an obscure digital currency dismissed by Wall Street veterans has evolved into a legitimate store of value held by corporations, hedge funds, and even sovereign nations .
Back in 2017, BlackRock Chief Executive Officer Larry Fink famously suggested that Bitcoin was little more than a tool for money laundering . Fast forward to today, and BlackRock now offers one of the most popular spot Bitcoin exchange-traded funds (ETFs) -- the iShares Bitcoin Trust ETF .
So, what changed? After surviving multiple crypto winters , market crashes, and a turbulent regulatory landscap