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Crypto trader and noted economist Alex Krüger believes that the Bitcoin BTC/USD bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold.
What Happened: In a recent conversation on the 1000x Podcast, Krüger delved into the complexities of an ETF product and why he is of the view that the Bitcoin bull market has a long way to go, The Daily Hodl reported on Monday.
Krüger estimates that the institutional sales process for Bitcoin ETFs is only about 20% functional. He expects a significant acceleration towards the end of the year.
See Also: Crypto Carnage: Bitcoin’s Slide Below $69,000 Triggers Massive $700 Million Liquidation
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