Posted 10/31/2023, 10:32:15 PM
Bitcoin Price Could Soar to $150K by 2024 If SEC Approves Spot ETF, Fueling Mainstream Adoption
- SEC could approve a Bitcoin spot ETF by January 2024, potentially sending BTC price to $150,000
- Institutional demand growing with firms like BlackRock and Virtu interested in Bitcoin ETFs
- Bitcoin ETF approval could counter recent crypto crackdown and open regulated crypto avenues
- Bitcoin price may surge after halving event in 2024, especially with ETF demand outstripping supply
- Mainstream Bitcoin adoption could accelerate with easier access via exchange-traded ETF instruments