Bitcoin Veteran Predicts 'Worst Kept Secret' ETF Approvals Within Months To Further Boost Bitcoin Price
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Dan Morehead predicts a bitcoin spot ETF is the "worst kept secret" that will soon positively impact bitcoin's price.
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Morehead believes multiple spot bitcoin ETFs will likely be approved in the next 1-2 months.
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A spot bitcoin ETF by BlackRock would fundamentally improve access to bitcoin.
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Analysts estimate a 90% chance of a spot bitcoin ETF approval by January 2024.
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Morehead says a bitcoin spot ETF is a rare "buy the rumor, buy the news" event for bitcoin's price.