'I'm very bearish on the idea that $GBTC is somehow going to get a pass from regulators and get quickly approved to become an ETF,' ETFtrends CIO DaveNadig says. He shares more regulatory predictions for 2022. Presented by kucoincom:
Bitcoin has traded in a sideways range over the past week. ETF Trends CIO & Director of Research Dave Nadig discusses his take on bitcoin’s buying opportunities and trajectory in the future.
“There’s very little question that institutional demand is still there,” Nadig said. Plus, thoughts on the impact of the global crypto ban on U.S. regulation, Grayscale Bitcoin Trust’s discount hitting record at 26.5%, spot ETF market and stablecoins.
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