Friends, the crypto ecosystem seems to be getting more enthusiastic! Now, if this great Spot Bitcoin ETF comes with good news, let's also remember the gold growth rates. When gold ETFs burst onto the scene in 2003, gold prices literally skyrocketed.
From $350 per ounce, it reached its peak in 2012 and jumped to $1,815.50. Not just a low figure, but a total value increase of over 400% with an annual increase of over 15%! What more?
Now think about it, if the Spot Bitcoin ETF is approved and Bitcoin follows the story of gold, the crypto market could be in a festive mood. An increase of approximately 9 years. Don't get caught up in FOMO, of course, as a result, different arguments and different lanes😅
For corporate companies, this can be a blessing. Market shares of the ecosystem may increase, investment opportunities may increase, and perhaps it may be inevitable for cryptocurrencies to become a part of daily Finance conversations.
This is not just a crypto rally, but also a reminder of gold in the past!
I believe that this Taurus will be very colorful, because the coming together of corporates and the crypto world excites me as an investor.
If the ETF process results positively, we can say that a new era begins.
