TechCrunch reporter: Valkyrie Joint Venture is 95% confident that the spot Bitcoin ETF will be approved this week
TechCrunch crypto reporter Jacquelyn Melinek revealed on social media that in the latest QA with Valkyrie co-founder and Chief Information Officer Steven McClurg, he expressed 95% confidence that a spot Bitcoin ETF will be approved this week. In addition, Steven McClurg also predicted that $10 billion will flow into Bitcoin ETFs by the end of this year. He believes future crypto futures ETFs may become extinct and predicts that by the end of 2024, the value of Bitcoin will reach $150,000 due to a "supply shock" potentially caused by spot Bitcoin ETFs which could drive up demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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