🚀 Mike Novogratz, Galaxy Digital CEO, predicts Bitcoin (BTC) could skyrocket past its 2021 all-time high (ATH) once the SEC approves spot BTC ETFs, expected by January 2024. A return to $69,000 within a year is likely, as retail and institutional investors show interest. 📈
- BTC has seen a resurgence in demand following BlackRock's filing for a spot Bitcoin ETF, with ARK Invest, Bitwise, Valkyrie, and WisdomTree following suit.
- Since September, Bitcoin has jumped over 45% and traded around $37,000.
- Ethereum also gains attention as asset managers like Fidelity seek approval for ETFs investing in the top altcoin.
What do you think? Will spot BTC ETFs approval lead to a new ATH for Bitcoin? Share your thoughts in the comments! 💬