Posted 3/24/2024, 11:45:22 AM
Bitcoin Price Soars 350% on Wall Street ETFs; Cathie Wood Raises Prediction to $3.8 Million by 2030
- Bitcoin price has surged 350% since recent low, partly due to new spot BTC ETFs from Wall Street firms
- BlackRock and Fidelity lead spot BTC ETF market with over $15B and $9B assets under management
- Cathie Wood raises her bitcoin price prediction to $3.8 million by 2030 based on institutional adoption
- Spot bitcoin ETFs saw some outflows this week amid bitcoin price volatility and Fed rate expectations
- Bitcoin's next "halving" supply cut approaches in April, potentially impacting price and miner economics