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.