Opinion: Bitcoin ETF approval requires capitalisation to reach $2 trillion

Ark Investment Management CEO Katie Wood doubts US regulators will approve a bitcoin exchange-traded fund (ETF) before BTC’s market capitalisation reaches $2 trillion. „Demand has to be met, so it has to exceed a trillion dollars. I think it needs $2 trillion before the US Securities and Exchange Commission (SEC) has confidence in bitcoin ETFs,“…

Pantera Capital predicts six-figure bitcoin price

Pantera Capital predicts six-figure bitcoin price in August 2021 Investment firm Pantera Capital has forecast a Bitcoin price of over US$115,000 in a recent report. In addition, the hedge fund looks at the value of Ethereum and explains the differences between the current rally and the 2017 bubble. 115,212 US dollars. That’s where the BTC…