Crypto experts project how high a BlackRock ETF can push the bitcoin price
Recent estimates suggest a spot bitcoin ETF from BlackRock could propel the bitcoin market by 70%, driving a $54,000 price.
The buzz around BTC's potential surge following the approval of a spot bitcoin ETF has investors and crypto enthusiasts on the edge of their seats, particularly as major asset manager BlackRock seeks to offer such a product.
Building on this excitement, Roundtable anchor Rob Nelson facilitated a discussion with industry experts to gauge their predictions on the impact that such an approval could have on bitcoin's price. Austin Arnold from "Altcoin Daily" and Jon Najarian from "Rebel Money" shared their insights, drawing from a wealth of research and market acumen.
Source - The Street Crypto.