Posted 12/29/2023, 12:46:05 PM
Bitcoin Price Poised to Soar Months After Potential Spot ETF Approval, Bringing New Investors
- Bitcoin price could "really take off" months after possible US spot BTC ETF approval, according to Nic Carter
- Carter predicts January 8th approval of spot Bitcoin ETFs, with a bigger impact than 2024 halving
- ETFs could unlock "whole new classes of capital" unable to previously allocate to Bitcoin
- Big financial institutions expected to market Bitcoin ETFs heavily after approval
- Bitcoin currently trading around $42,500, down 2% in last 24 hours