On the 29th of December, I talked about the rise of bitcoin to new prices. There were many reasons for this.
๐ฃ๏ธ Bitcoin ETF: Pays off for the long term, VanEck advisor remains bullish.
โก๏ธ VanEck Advisor Gabor Gurbachs shares his positive long-term view on the Bitcoin ETF.
โก๏ธ Gurbachs compared the rise in gold prices after the launch of the first gold ETF (in 2004).
๐ฐ Arguing against hype that ETFs are short-term, he noted that the approval of a spot Bitcoin ETF in the US could create trillions of dollars in value.