Patrick Bet-David highlights a pivotal development in the cryptocurrency world: the SEC’s official approval of 11 applications for Bitcoin ETFs. This decision marks a significant turning point for Bitcoin, potentially catalyzing its growth and integration into mainstream financial markets. Beginning with highlighting the big players in the finance sector, including BlackRock, Fidelity Investments, Ark Investments, Invesco, Wisdom Tree, Bitwise Asset Management, Valkyrie, and Grayscale, who have submitted applications for Bitcoin ETFs. This move signals a growing acceptance and interest in cryptocurrency from major institutional investors.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
Bro if woods prediction’s comes to fruition, we are fooked. Hello catastrophic inflation and devastation
🌹I’m 50 years old living in Canada Albert, I’m willing retired at 55 if things keep going the way I planned bought my first house last month and i can’t be more proud that I’m now I’m glad I made a very good productive decisions that has changed my financial status for forever
Buahahahahahahahahahahahahahahaha…
So basically bitcoin is an intrinsically valueless, massive energy siphoning casino scam. Where a top 1% can only make money from taking money from new buyers and then cashing out while the 99% lose?
BTC will cause the downfall of global south for sure as it already happening
That will give a solid foundation to stand up against western imposed sanctions Ex. Russia-N.Korea-China-Iran…
Everything is about inflows and outflows. Most of the outflows have to do with miners selling, weak hands and a few larger institutions unloading. These outflows will stop real soon, within weeks. When this happens, we will blow past the current 70k ATH we are at now.
What is the actual coin name?
Has blackrock launched their coin yet?
I’m looking for a BTC high of $150k this cycle. $500k in 2028, and $1 million in 2032.
The ETF are arguably the biggest thing to ever happen to Bitcoin. It’s no legal, and widely available in tax free retirement accounts. What’s not to love?
Can I invest in bitcoin now
Democracy. Is. A compulsory lyer people 😂😂😂
Who else read 800B as a subliminal message?
Please talk to an expert about bitcoin.
Global Bitcoin ETFs and AI, really did make Bitcoin the new norm.
❤❤
It's a pump and dump scam. How the fuck does it spike to 2 million dollars down to 1000 dollars then back up 40k then 1000,
FJB
Pi network
You dont get it. The reason that bitcoin is valuable is because it takes a large amount of energy to mine. Same reason why Gold is valuable. Because it takes a lot of energy to mine it.
I'm about to tell you what is going to happen they are going to buy crypto and they are going to sell ones it is up you all are about to get fuck. You will own nothing and be happy, do not sell your homes yo buy bitcoin do not sell your stocks yo buy bitcoin don't be stupid only 10% should be on bitcoin play smart.
I wouldn’t invest with that company simply because they are evil
Its all fake money everyone is trading. The value only lies within.
Bitcoin is to gold aa Rap is to classical.Bitcoin is a mechanism for fools to transfer their wealth to con artist. Keep staring at your phone until
It happens.
What is backing any of it? All FAITH?
I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k – $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
F black rock
I wonder what the Bitcoin network could be used for???? Hmmmmm……..there's the value
I think he lying
haha love letters from XRP!
Political scam…..up and down
Ok, Mr. Bet-David makes a valid point. However, he doesn't really reference if its TOO LATE to get in on crypto ETF's. Came across a video that talks about Bitcoin ETF's and addresses this questions directly.
https://youtu.be/Xs0gnpz1oB0
Overall, his comments are helpful but doesn't really help people answer the question directly.
Thoughts?
The "smart" money knows that fiat dollar will continue to lose its purchasing power and its rate is accelerating..
The wealth is now transferring to another new asset away from US Federal Reserve petrodollar bank debt note.
Gold is also going to continue to go up
Silver is.. because its market cap is so small.. manipulation of its price is relatively easy…. so I believe it is most artificially suppressed at this moment.
it should at least be 1 : 10 compared to gold.. historically and out of ground ratio…
so..
1. Physical Silver
2. Physical Gold
3. Bitcoin
BUY BUIDL on exodus wallet now….. not buidl
With the ETF approved, institutions will need to buy Bitcoin for their ETF. There will be marked increase in demand, can i get in and still make profits? i have set aside $250k to get fully invested this year
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
I love the fact you post your sources while stream your content.
I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins.
When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
A fundamental QUESTION is: After miners shut down when last BitCoins are discovered, WHO will pay the electric bill to maintain the Bitcoin "network"?
I swear everytime something bad happens in the world… Israel is somehow involved… The ETF was just designed so that they can easily control the price of BTC and the rest of the alt coins…
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Often, I hear individuals talking about the profits they attain from investing in Bitcoin and Forex. As a beginner, what steps can I take to begin with this?