Bitcoin Expert: ETFs Won't Spark Next Bull Run But Could Amplify Prices Later
• Macroeconomist Lyn Alden believes Bitcoin ETFs won't drive the next bull market but could increase BTC price magnitude later on
• Alden thinks next Bitcoin bull market will likely come from same catalysts as previous ones like tight supply and positive liquidity conditions
• Breaking previous all-time high could then attract more investment inflows via new Bitcoin ETF products
• Bitcoin price remains correlated to global liquidity metrics more than other assets
• At time of writing, Bitcoin was trading around $39,972