On the 29th of December, I talked about the rise of bitcoin to new prices. There were many reasons for this.
🗣️ Bitcoin ETF: Pays off for the long term, VanEck advisor remains bullish.
➡️ VanEck Advisor Gabor Gurbachs shares his positive long-term view on the Bitcoin ETF.
➡️ Gurbachs compared the rise in gold prices after the launch of the first gold ETF (in 2004).
đź’° 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.