Bitcoin to surge in 6 months as investors pivot from Grayscale | Crypto World ICOs

Bitcoin to surge in 6 months as investors pivot from Grayscale to new ETFs, Galaxy Digital’s Novogratz says

Bitcoin’s price should go “higher in six months” because investors divesting their Grayscale’s Bitcoin Trust (GBTC) holding would switch to other exchange-traded funds (ETFs), according to Galaxy Digital CEO Michael Novogratz. Novogratz made this statement in response to a bearish outlook presented by BTCdata Corporation’s founding partner, Chris J. Terry, who predicted a short-term downturn for BTC due to substantial selling pressure from GBTC.

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