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Why the First Bitcoin ETF Could Double the Price of Bitcoin

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When the first Bitcoin ETF lands - an event that could happen any day now - it will have a dramatic impact on the price of Bitcoin.

The arrival of the first Bitcoin ETF will be a powerful Bitcoin price catalyst because it will mimic other commodity-based ETFs, particularly those based on gold and silver.

Those ETFs were primary factors in the steep rise in gold and silver prices a decade ago.

Here's why a Bitcoin ETF will have the same effect...

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The post Why the First Bitcoin ETF Could Double the Price of Bitcoin appeared first on Money Morning - We Make Investing Profitable.


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