Founder of Euro Pacific Capital: If the Bitcoin spot ETF is approved, the market rally may stop
ChainCatcher news, according to CryptoPotato, renowned financial commentator and founder of Euro Pacific Capital Peter Schiff stated that the final approval from the SEC will end the bullish trend of Bitcoin spot ETFs.
He mentioned that once BTC is actually approved as a spot ETF product, the momentum will lose its strength. If the ETF is rejected again, the sell-off will not be as severe.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
