The BlackRock Bitcoin ETF will be bigger than most imagine...

in #bitcoin2 years ago

I suspect the BlackRock ETF alone will push Bitcoin over $100k

People know a spot Bitcoin ETF will be good for bitcoin and crypto, but I don't think they get how big it will be.

These ETFs will be backed 1:1 with physical bitcoin.

With the relatively illiquidness of the public markets, the only place to go is up and much higher up.

These ETFs are going to easily push the price over $100k and probably a lot higher than that...

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(Source: https://twitter.com/rovercrc/status/1721859291030897113/photo/1)