If institutional money is coming there are reasons to be extra bullish on Bitcoin but is an ETF enough.
An important tailwind for Bitcoin price with this expected ETF is the signal that "operation chokepoint 2.0" will be limited to shitcoins and shitcoins' exchanges. Larry Fink is an important democrat donor, so he will have his ways...
Great point. Not all crypto assets are created equal and Bitcoin by its singular history is much less likely to suffer from regulatory changes.
That’s definitely a plus in this current environment but it is also an edge for the long term.
An important tailwind for Bitcoin price with this expected ETF is the signal that "operation chokepoint 2.0" will be limited to shitcoins and shitcoins' exchanges. Larry Fink is an important democrat donor, so he will have his ways...
Great point. Not all crypto assets are created equal and Bitcoin by its singular history is much less likely to suffer from regulatory changes.
That’s definitely a plus in this current environment but it is also an edge for the long term.