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12/12/2024 3:10:02 PM

Skepticism Over Bitcoin's $100k Target and ETF Inflows

Skepticism Over Bitcoin's $100k Target and ETF Inflows

According to BitMEX Research, there is skepticism about Bitcoin reaching a $100,000 price target and attracting $35 billion in ETF inflows within a year. The tweet questions the feasibility of such growth, especially under a pro-Bitcoin president, while major financial entities like Blackrock and JP Morgan, along with influential figures like Ava Chow, Greg Maxwell, and Peter Todd, hold significant sway.

Source

BitMEX Research

@BitMEXResearch

Filtering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin.