The upcoming Bitcoin halving event is poised to turbocharge the cryptocurrency's trajectory, with spot ETFs potentially becoming a major player in its price movement, according to Canaccord. đđ With miner rewards set to be halved, the supply of Bitcoin is expected to shrink, amplifying its scarcity and potentially driving up its value. đ°đ„ And with the recent SEC approval of U.S. spot Bitcoin ETFs, retail investors are increasingly seeking exposure to crypto in tax-advantaged accounts like IRAs. đđŒ Publicly traded miners, however, have shown signs of decoupling from Bitcoin's price, sparking uncertainty about their profitability post-halving. âïžđ But fear not! Canaccord believes that history may repeat itself, ushering in a bullish period for Bitcoin and crypto post-halving. đâš So buckle up, crypto enthusiasts, because the ride ahead could be even more exhilarating! đąđ #BitcoinHalvingHype #ETFBoom đđ„
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