Fireblocks CEO: Bitcoin price rise will come from retail side, not institutions
Michael Shaulov believes that while the recent requests for a #ETF of #Bitcoin could mean a new flow of institutional money into BTC, that in itself did not drive the previous price increases.
Although a spot Bitcoin ETF by #BlackRock will funnel new institutional money into $BTC , it will be retail investors who will ultimately drive any significant rise in the cryptocurrency's price; That's what Michael Shaulov, CEO and co-founder of the institutional-grade custody platform, believes; Fireblocks.
