Why Will Bitcoin Maintain Its Position as Digital Store of Value?
Adekunle Joshua
VanEck's CEO believes that Bitcoin ($BTC) will always remain the leading internet store of value
He emphasizes the presence of 50 million Bitcoin users, highlighting its strong network effects
As a CEO with $76.4 billion in assets under management (AUM), VanEck also dismisses "bubble" accusations, asserting that no asset in history has consistently outperformed itself in each market cycle like Bitcoin
The CEO foresees Bitcoin reaching a new all-time high (ATH) in the next 12 months, depending on its ongoing growth
Jan van Eck envisions Bitcoin becoming a companion to gold
VanEck is among the 13 applicants for a spot Bitcoin ETF in the US and anticipates all approvals to occur on the same day
The CEO expects SEC approval for the Bitcoin ETF between Jan. 5–10, with other major players anxiously awaiting approval.
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