Economist Alex Krüger Calls BlackRock Bitcoin ETF Filing an Easy Trade for BTC Bulls

Economist and crypto trader Alex Krüger thinks the BlackRock Bitcoin (BTC) exchange-traded fund (ETF) filing represents one of BTC’s “easiest long entries of the year.”

Last Thursday, BlackRock, the largest asset manager in the world, submitted a spot Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC).

Krüger says it’s “incredible” how many traders ignored the ETF news and tells his 154,000 Twitter followers that he has a “gut feeling” the SEC will approve the investment firm’s application in 2024.

No Bitcoin spot ETF applications have been approved thus far, despite submissions from Grayscale, VanEck, and Cathie Wood’s ARK Invest.