When Bitcoin Bull Begin?

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All investors and traders are waiting for the big news. A lot of Asset Management apply for spot bitcoin ETF. And they are waiting for the Security Exchange Commission to approve them. If they succeed, bitcoin bull will begin. To make a bitcoin spot ETF, the asset management should buy bitcoin as a back up. This will make USA investors buy heavily especially all investment plans like 401k. So any 401k holder can buy bitcoin spot for his retirement.

Please you should make a difference between bitcoin spot ETF which is real price and bitcoin stock ETF like BITO . BITO ETF is a stock but it is based on bitcoin futures not bitcoin spot price.

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