Look what institutions can do...

in bitcoin •  2 years ago 

Bitcoin has surged ever since there was a possibility of a spot Bitcoin ETF being approved

Rewind the clock several weeks and you may recall we were trading around $25k and drifting lower.

Then Blackrock happened...

Ever since that time the price has been trading up over $30k and looking for more.

Check it out:

image.png

(Source: https://cointelegraph.com/news/bitcoin-etf-race-begins-has-institutional-trust-returned-to-crypto)

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It's still a lot lower than some long-time analysts anticipated...