VanEck CEO Foresees Simultaneous ETF Approval, $69K Bitcoin High!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Dec 18, 2023 9:43

VanEck’s CEO predicts simultaneous approval of all spot Bitcoin ETF applications by the US SEC, citing a lack of clarity on which exchange would be best for trading. Jan van Eck also forecasts a new all-time high for Bitcoin, exceeding $69,000, within the next 12 months. Last week, VanEck changed the ticker for its ETF proposal to HODL as it awaits SEC approval. The surge in demand for digital asset investment products, with assets under management reaching a new high of $26.5 billion in February 2022,