James Van Straten, from the crypto research firm CryptoSlate team, stated that BlackRock will receive 1 million Bitcoin (BTC) if the spot Bitcoin ETF is approved.
James Van Straten on social media on December 15 by sharing drew attention. In the said post, if BlackRock’s spot Bitcoin exchange traded fund (ETF) application is approved, 1 million BitcoinsHe emphasized that he would.
Additionally other 12 spot Bitcoin ETFs also referring to the application stratene, hinted that this could create a supply shortage. The researcher is currently only interested in stock markets. Around 2 million Bitcoins He said he stayed.
Spot Bitcoin ETF applications, according to experienced Bloomberg analysts 90% chance It will be approved en masse in January. Straten thinks that this situation will create serious buying pressure on Bitcoin.
In the continuation of its content, Bitcoin has a cycle with this cycle. will become an ESG asset The researcher drew attention with the following statements:
Bitcoin will be considered an “ESG asset” with this cycle. The Financial Times previously reported. We could then enable governments to mine through renewable energy and also purchase Bitcoin as treasury assets.
ESG, a company’s environmental, social And governance It refers to the examination of applications, their effects and progress according to these evaluations. It includes a set of criteria that investors consider when searching for socially responsible companies.