🚀 Ex-BlackRock MD predicts Spot #Bitcoin ETF approval in 3-6 months! 📈
- Steven Schoenfield, former BlackRock MD & CEO of MarketVector Indexes, shared his optimistic estimate at a recent Digital Asset Summit panel.
- SEC's recent tactics show a shift towards approval, asking for comments instead of rejecting applications.
- BlackRock's impressive ETF approval track record (575-1) puts them in a strong position for a spot Bitcoin ETF.
- Approval could bring $150-$200 billion into Bitcoin investment products over 3 years, doubling or tripling current AUM.
🤔 Will BlackRock dominate the market, or face stiff competition from other firms? Share your thoughts below! 👇