2024 The Year Of Bitcoin Halving And ETFs: Institutions Are Pumping BTC

As you definitely know by now, 2024 will be the year of Bitcoin. We are waiting for approval of BTC ETFs and this year will also see Bitcoin halving. Check out the latest reports below.

Check out the following relevant tweet:

INSTITUTIONS ARE PUMPING #BITCOIN!

It appears that they are anticipating the approval of a Spot ETF.

Do they have information that we are not aware of yet? pic.twitter.com/dQ0yCJCxiF

— Mister Crypto (@misterrcrypto) January 2, 2024

More important crypto players expect to see the approval of spot BTC ETF soon.

During a recent interview on the On the Tape podcast, Mike Novogratz, the CEO of Galaxy Digital, expressed his belief that Bitcoin (BTC) has a lot more to offer than just being a store-of-value asset.

According to Novogratz, people are not fully realizing that Bitcoin has sparked a financial revolution worldwide, which is gaining more and more momentum every day.

“So what I think people miss – and I talked about this a lot in 2017 when we had our first mania – is that crypto was really the first ever global speculative mania. We never had a global market.

We had a couple stocks that were trading globally, but if you go back and look at the 1999 internet bubble, you didn’t have anyone in Korea participating, anyone in India participating, anyone in Russia participating or anyone in Africa participating.

Crypto is global, and just like I’m telling the Bitcoin story on CNBC and Bloomberg and on podcasts here in New York, there’s someone in a village in Indonesia telling that story and the viral nature of eight billion people getting more converts every day is really hard to stop.”

Regarding Bitcoin’s price today, at the moment of writing this article, BTC is trading in the green and the king coin is priced at $45,704.