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Marathon Digital Holdings CEO Fred Thiel highlights the demand for Bitcoin ETFs and the shift of investors from miners to ETFs due to economic uncertainty, potentially increasing Bitcoin's price volatility. The upcoming halving event, reducing mining rewards, is expected to boost demand for spot ETFs, potentially impacting Bitcoin's price positively.
Amid diminishing supply, rising demand, and spot #bitcoin ETPs, all eyes are on the upcoming halving. See what its impact on miners may bring. https://t.co/blyEoR2Ied
The Hong Kong ETFs are coming. Mark your calendar because they are going to be far more bullish than the US ETFs. Add that along with the halving and you get the predictable rise of #bitcoin
"The supply, the forced sellers who produce #Bitcoin and need to sell it to pay for their cost, that’s going to be halved. If demand remains the same and the #Bitcoin sold gets cut in half, it should have an impact on the price to the upside." https://t.co/VlkFS0reAc