The market is unpredictable, and ETF issuers such as BlackRock and Fidelity have taken in more than 300,000 Bitcoin since Bitcoin Spot ETFs began trading, not counting the number of Bitcoin in Grayscale's Bitcoin trusts. In the coming months and even a year, we will see very Long Bull Market forecasts, some of which are even very optimistic. We have at least Long more upside short for a year, and Bloomberg's analysis agrees, arguing that Bitcoin could outperform the total asset value of gold-backed ETFs within two years.
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The market is unpredictable, and ETF issuers such as BlackRock and Fidelity have taken in more than 300,000 Bitcoin since Bitcoin Spot ETFs began trading, not counting the number of Bitcoin in Grayscale's Bitcoin trusts. In the coming months and even a year, we will see very Long Bull Market forecasts, some of which are even very optimistic. We have at least Long more upside short for a year, and Bloomberg's analysis agrees, arguing that Bitcoin could outperform the total asset value of gold-backed ETFs within two years.
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