Yes
Looks like these companies do agree that Bitcoin is an asset class, as they want to create an ETF
Is the ETF finally going to be approved? We don't know. Looks like yes, from what we have seen, but we don't know
Is it going to cause the price to go 10X?
I think it's wise to stay humble
I think the truth is that we don't know
For sure, many things points to a price going up: institutional capital inflow enabled by this ETF, halving, holders not planning to sell, normies having a way to easily invest in Bitcoin
But at the same time, it is not impossible that it actually is priced in. The information is out there, there was a futures ETF available already, I'm unsure what the... the difference is, there are spot ETFs in other countries like Canada, cannot institutional money buy those, if they wanted?
I guess we need to... wait and see... Stack sats anyway, stay humble, secure our stack...
I guess... I'd love to see Bitcoin 10X but I don't want to be disappointed so I count on it to at least beat inflation over the longer term.
Even that isn't guaranteed but very likely, I hope. And if it beats my expectations, amazing.
I'd love the optionality and freedom that being rich may give me.
Happy new year everyone!