Former Goldman Sachs Director: Bitcoin ETF Approved Could Raise Crypto Market Thousands Of Dollars

2020-9-20 03:22
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Raoul Pal, former CFO of Goldman Sachs, who predicted the 2008 financial crisis, told the Dailyhodl that Bitcoin ETF approval could be a driving force for the cryptocurrency market, bringing in thousands of dollars to the cryptocurrency market. This will exponentially increase the market capitalization of Bitcoin. At the same time, he pointed out that while big money and institutions are now trying to figure out Bitcoin, there is no easy way to trade them. If the Bitcoin ETF is okay, it's clear the hedge fund will be the first to enter the space.

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Former Goldman Sachs hedge fund manager: Bitcoin ETF agrees to bring thousands of dollars to crypto market
Raoul Pal, former chief financial officer of Goldman Sachs, who predicted the 2008 financial crisis, told the Dailyhodl that Bitcoin ETF approval could be a driving force for the cryptocurrency market, bringing in thousands of dollars to the cryptocurrency market. This will exponentially increase the market capitalization of Bitcoin. At the same time, he pointed out that while big money and institutions are now trying to figure out Bitcoin, there is no easy way to trade them. If the Bitcoin ETF is okay, it's clear the hedge fund will be the first to enter the space.
2020-9-20 03:22