ShapeShift CEO, Erik Voorhees, predicts that Bitcoin will see a surge in all aspects, including its price, due to increasing demand. He highlights that while assets like gold, oil, and USD can be produced in response to rising demand, Bitcoin's supply is limited to 21 million coins, of which slightly over 19 million have already been mined. Additionally, it is reported that spot Bitcoin ETFs now hold over 5% of the total market value of Bitcoin, with a total net asset value of $72.545 billion. This marks the first time in history that Bitcoin ETFs have exceeded this threshold.
- Content Editor ( u.today )
- 2024-10-30
Epic Bitcoin Prediction Issued by OG Bitcoiner Erik Voorhees