Spot Bitcoin ETF Price Predictions! How High Will BTC Go?!
🚨 New Video Alert!! 🚨
How high will BTC go when the spot Bitcoin ETF is approved?
This is the question that everyone has been wondering, and it seems that Glassnode might have the answer.
In a recent report, the on-chain analytics company estimated that Bitcoin spot ETFs could see tens of billions of dollars of inflows, and this could have a multiplier effect on BTC given its restricted supply.
The catch is that these inflows may not come all at once, and there could also be outflows, notably from holders of Grayscale’s GBTC who have been itching to make a profit on the ETF conversion.
Watch until the end to see how these factors could affect BTC’s price!
⛓️ 🔗 Useful Links 🔗 ⛓️
► Glassnode Bitcoin ETF Report: https://insights.glassnode.com/finance-bridge-spot-btc-etf-impact/
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.