VanEck CEO favors Bitcoin (BTC) over Ethereum (ETH). The CEO believes that under a base case scenario, Bitcoin could rise to take over half of the gold market, suggesting a price of $350,000. In a “very bullish scenario,” with widespread adoption among governments, central banks, and institutions, Bitcoin could be worth millions of dollars. VanEck has a model that predicts Bitcoin could grow to $2,900,000 in this very bullish scenario.
