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Fund manager says BlackRock ETF will drive $150,000 bitcoin price
The number of regulatory requests to offer a spot bitcoin exchange-traded fund (ETF) coming from a range of institutional financial firms has led to bullish speculation and remarkable excitement from the crypto market. As the U.S. Securities and Exchange Commission (SEC) considers such filings from BlackRock, Fidelity, ARK Invest and more, it seems like at least one upcoming approval is just a matter of time. The SEC is set to hit its next set of deadlines for approval decisions in mid-October and in the meantime, investors are left to speculate about which firm might receive approval first. Mark Yusko, the chief ... (full story)
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- Posted: Sep 22, 2023 7:00am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 165
