#BitwiseBitcoinETF$BTC Bitwise Bitcoin Standard trust a company found in 2017 that specialises in asset management of digital assets like Bitcoin. This company is well known of letting investors get involved to Bitcoin in a regulated manner as it specialises in the growth & future of Bitcoin. This time the company created a new project called Bitwise Bitcoin Standard Corporation ETF which is a project that focuses on corporations adopting the Bitcoin standard of requiring 1000 Bitcoins in their reserves same way large corporation get their hands on fiat currency reserves which are used for the smooth operation of companies . That being said with more companies holding Bitcoin this drive could be a surge in Bitcoin price solidfying its position as a treasury asset . From Economics stand point using the laws of supply and demand if large corporations starts putting their hands on $BTC in large quantities this could boost demand of the coin massively and reducing the circulating supply as companies are to put this coins as reserves resulting in Bitcoin going higher than expected prices . As well with the help of the president elect of america who is in support of the future of Bitcoin this would be positive to the coin as well since most companies will slowly abandon the fiat currency system and put their hands on the new shinning coin as this coin is likely to be used to settle international payments which large companies are involved . We might say a lot but the bottom line is this is going to push $BTC to higher prices like 200-300k per coin next expect prices like that in 2025 . Whats your take? , drop your own view below.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول.اطلع على الشروط والأحكام.
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