Reported 4 months ago
Several Wall Street analysts predict that the recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) will significantly impact the cryptocurrency market. Notably, billionaires like Israel Englander and Steven Schonfeld have purchased shares of the iShares Bitcoin Trust, reflecting confidence in its potential. Analysts including Anthony Scaramucci and Cathie Wood have bold predictions, foreseeing a substantial increase in Bitcoin's value with potential gains of up to 5,400% from current levels.
Source: YAHOO