LATEST: Investment Giant VanEck 2024 See $2.4 Billion Poured into Bitcoin ETFs in Early 2024

Investment management powerhouse VanEck anticipates a remarkable $2.4 billion injection into Bitcoin ETFs by the start of 2024, coinciding with the anticipated launch of the inaugural spot Bitcoin ETFs. Bitcoin’s resilience, particularly its limited correlation with mainstream financial markets, makes it a standout investment choice. Despite expected volatility, the consensus is that Bitcoin will maintain a strong baseline above $30,000. The approaching Bitcoin halving event in April 2024 is predicted to be a catalyst for a major price increase, possibly earning Satoshi Nakamoto major accolades if Bitcoin reaches $100,000.

41.4K Reads