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🪙 Vanguard #Investors React to Ban on Spot Bitcoin ETFs Vanguard's decision to block the purchase of spot Bitcoin ETFs on its platform has led to customer backlash. Some investors, viewing this move as misaligned with their investment philosophies, are considering transferring their funds to other platforms. Other #investment firms, like Citi, Merrill Lynch, Edward Jones, and UBS, also face similar issues with the availability of these #ETFs.

🪙 Vanguard #Investors React to Ban on Spot Bitcoin ETFs

Vanguard's decision to block the purchase of spot Bitcoin ETFs on its platform has led to customer backlash.

Some investors, viewing this move as misaligned with their investment philosophies, are considering transferring their funds to other platforms.

Other #investment firms, like Citi, Merrill Lynch, Edward Jones, and UBS, also face similar issues with the availability of these #ETFs.

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Halving 2012 - Experienced a +9362% rally Halving 2016 - Experienced a +2876% rally Halving 2020 - Experienced a +640% rally The percentage returns in 2016 were reduced by 3.2 times compared to the previous rally in 2012, and the returns in 2020 were reduced by 4.5 times compared to the 2016 rally. Taking the average reduction factor of 3.85, we can estimate that the next cycle's returns will be reduced by this factor. 640 / 3.85 = 166 Therefore, the estimated percentage return for the upcoming cycle is 166%, which equates to $170k per Bitcoin. It is advisable to focus on the long-term game rather than short-term corrections.
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✅ Every 210,000 blocks the #Bitcoin block reward gets cut in half That is called the #Bitcoin halving We started with 50 $BTC reward 2012 halving ➡️ 25 $BTC 2016 halving ➡️ 12.5 $BTC 2020 halving ➡️ 6.25 $BTC 2024 halving ➡️ 3.125 $BTC And it will keep going down until all 21,000,000 #Bitcoin will be mined around the year 2140 Share with your friends
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Only 67 hours until the #BitcoinHalving ! If you're feeling bearish, take a step back and look at the bigger picture! The #Halving event has historically had significant impacts on Bitcoin price and market, so it's essential to remain informed and patient during this period. $BTC
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