Greg Foss believes that BlackRock entering the space is going to send Bitcoin to $1.5 - $2million dollars per coin.
For those who don’t know Greg Foss, he is an ex hedge fund founder and quantitative analyst who has decades of experience in the finance and modelling world.
In terms of modelling & the math behind bitcoin, he’s one of the best.
He recently sat down with another on-chain Bitcoin analyst, James Lavish to speak about the upcoming BlackRock spot Bitcoin ETF and what it will do to the Bitcoin price.
Greg believes that a spot Bitcoin ETF will bring $50 billion dollars worth of new capital into Bitcoin. This is significant as between all the exchanges at the current bitcoin price, there is only $150 billion dollars of Bitcoin available between all of them.
Make sure to stick around to the end of the video where Greg breaks down why he believes as Bitcoin approaches a $4 trillion dollar market cap, institutions will be forced to enter and send the bitcoin price to $1.5 Million and beyond.
About Greg Foss:
Greg Foss Currently works as the Executive Director - Strategic Initiatives for Validus Power Corp. He previously worked at 3iQ Corp as the Founding Shareholder. ----------------------------------------------------------------------------------------------------------------------- SOCIALS Twitter: https://twitter.com/JaminTree My Instagram: https://www.instagram.com/jamincurrie/ Email: [email protected] ----------------------------------------------------------------------------------------------------------------------- ⬇ Other Cryptocurrency & Finance Videos For You⬇
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