028: TOM LEE: BITCOIN ETF ONLY POSSIBLE IF BTC PRICE BREAKS $150K!!!
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English - October 23, 2019 14:22 - 11 minutes - 5.49 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Tom Lee in a recent interview with BLOCKTV said, “The Bitcoin (BTC) price has to be about $150,000 to be liquid enough for a related exchange-traded fund (ETF).” According to Thomas Lee, co-founder of market research firm Fundstrat, “A Bitcoin ETF is a few years away from now.” “An ETF is likely to generate close to 13 billion dollars of demand the first year, and that’s a massive demand imbalance to available supply.”