There are 2 major Bitcoin catalysts that are inevitable.
First is the Bitcoin Halving. The second is the Spot Bitcoin ETF
Last week, CoinTelegraph tweeted out a false alarm that BlackRocks spot Bitcoin ETF had been approved.Bitcoin shot up 10% immediately on the news, to over $30,000.
It was a small taste of what the real approval will bring.That price action was entirely retail. No institutional buyers.
Then, Bloomberg Analyst Eric Balcunhas broke down what to expect once a spot Bitcoin ETF is really approved.
Eric is the senior ETF analyst at Bloomberg. When it comes to ETF’s, he’s THE top expert in the space.
In his interview, he urged investors to focus on the big picture.BlackRock, Fidelity and all the other TradFi companies have thousands of salespeople.
They are visiting advisors and wealth managers all the time.
There will be an army of salespeople pitching Bitcoin to the wealthiest institutions and individuals in the world.
Make sure to stick around to the end of the video where both Eric and his colleague break down why investors should be looking at the 5-10 year timeline for the Bitcoin ETF.
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"90% Chance Bitcoin EXPLODES Within 3-Months - Here's Why" Eric Balchunas Prediction on BTC ETF
