Asset Managers are looking at IBIT - Bitcoin thoughts - May 2024
Sentiment seems to be that the cycle top is in. I disagree. The bitcoin ETFs are now opening up Bitcoin exposure to hedge funds and asset managers managing trillions of dollars, You have to ask yourself at this point, what is the likely hood that bitcoin has topped before the halving and now ETFs have opened the flood gates. I think very unlikely the bull market ends here.
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