Novogratz: Bitcoin ETF Approval 'When Not If', Sees Major Crypto Adoption by 2024
-
Galaxy Digital CEO Mike Novogratz says approving a Bitcoin spot ETF is a matter of "when not if", driving institutional investment.
-
Novogratz predicts 2024 will see major institutional adoption of crypto, starting with Bitcoin ETF approval.
-
ETF approval will bring confidence and significant capital to crypto, allowing the ecosystem to flourish.
-
An Ethereum ETF may be less impactful unless it passes through staking rewards.
-
Blockchains need utility and applications built on them to sustain long-term value, per Novogratz.