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Re: trunkmonk post# 44526

Friday, 06/16/2023 10:46:25 AM

Friday, June 16, 2023 10:46:25 AM

Post# of 60266
Possible, but I think otherwise…
I believe that massive institutional investment allocations into Bitcoin will take place if BR’s ETF is listed. This will immediately open the floodgates into Bitcoin via the ETF and directly in, because investment and rules/regulations will finally have clarity for institutions and other massive pools of money to diversify into Bitcoin. Contrary to your theory, once rules and regulations are defined by the SEC for Bitcoin (First) and ease of purchase/sales through an ETF, a fixed amount of Bitcoin outstanding, then investment that percentage allocations will take place and retail will follow. Then…
BING BANG BOOM!! Through the roof$$$
The flippers and naysayers shouldn’t be too upset, they can always chant “shoulda, coulda, would of!” Haha
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