(BTC-Echo)
Since Bitcoin has so far been bought primarily by private investors and institutions cannot yet invest in Bitcoin in a regulated manner, companies' interest in ETFs is likely to increase sharply. Regulated spot ETFs offer so many advantages that large companies can finally invest in Bitcoin under safe and regulated conditions.
FOMO is a phenomenon that occurs when Bitcoin is in a bullish phase. Market participants believe that they need to invest in order not to miss out on big profits. This time, that FOMO could spill over into institutional funding.
Bitcoin is becoming mainstream With major financial giants like BlackRock launching Bitcoin ETFs, the mainstream may finally have a positive impression of Bitcoin. These powerful asset managers want to promote their products and create positive advertising for Bitcoin. This should significantly improve Bitcoin's image in the mainstream.
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It will be a HAMMER event. There has never been advertising like this before. The masses will grab it and it will explode. I'm invested 😝
