There is not yet a green light for the approval of Bitcoin Spot ETF, but if it is approved, the price will skyrocket, as it did with the Gold ETF. However, the real question is, is it good for Bitcoin to be a part of an ETF? Was ETF approval good for Gold?

We will need to see another layer added to Bitcoin Spot ETF to increase gaining percentage among investors. Similar to Gold, it is somewhat stuck where it is. Of course, the supply cannot be measured as it can be with Bitcoin, but the $/Gold oz. price will push higher when crypto payment for Gold is accepted. Until then, we can forget that the price can double in 10 years. The same will happen with Bitcoin; it will skyrocket, but in the next 10 years, the price will establish a top, and it won't move with such force as it will when the ETF is approved (if it is). So, we will need another layer to keep pushing the price up as significantly as it was in the past.