Bitcoin (BTC-USD) has seen its best year since 2020 in percentage gains while remaining volatile in its recovery from this year's sell-off. The cryptocurrency hovers above $41,000 currently.
Stronghold Digital Mining (SDIG) CEO Greg Beard joins Yahoo Finance Live to weigh in on crypto market volatility and what the approval of a spot bitcoin ETF would mean for the landscape.
Beard states ETF optimism to be one of the biggest drivers in the crypto space, expecting “tens of billions of dollars of additional demand" if regulators approve the funds. Beard does not yet see optimism wholly reflected in crypto prices.
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