Financial experts and theorists say ETFs can have the same if not BIGGER effect on BC price than futures, which can send BTC soaring to 20k and beyond!
Do you guys belief this hype? Will the be the catalyst that sends crypto soaring with institutional money? What are your opinions?
Theres no doubt that ETF will brimg bitcoin price to the moon or maybe upto universe,but the problem is how big percent that this will be approved?because last year denial is what ETF got so whats the difference now for this to be accepted?
BTC ETF will lure many big investors in the market who will be there for the profit, which in turn will see a rise in demand for BTC in the market. If investors jump in and grab their shares then there will be scarcity of BTC too, that means demand will surpass the supply by miles, as a result price will skyrocket. That's, my opinion.
Lets pray that this time approval will be given to ETF as this is the only chance of this market to go bull again