The whole ETF thing has my gut feeling telling me, "This will be big." My brain tells me, "Calm down, people always overreact to events, and then markets correct or even overcorrects."
Yet, my gut just won't keep telling me, "This will be big." My thoughts...
- I feel bitcoin spot ETFs are inevitable.
- The money behind the Blackrocks of the world is ridiculous.
- The global quantity of money held, especially by Boomers who use traditional investment avenues and who may wish to put 1% or 2% into bitcoin, is huge.
If even a small percentage of this money goes orange, that's a lot of buy pressure.