Bitcoin can reach $80K, but now is not the time for “weak hands” in the market, BitGo Chief says.could drive more upside. According to BitGo Chief Mike Belshe, this interest is peaking and could offer another boost to the leading crypto asset.
“We’re at a very, very good time. There’s a saying if you’re not ready for my 20% drop, you’re certainly not ready for my 600% increases.” “We’ve seen smaller hedge funds come in; larger hedge funds will come in. Pension funds are coming, and endowments are already here.”Other institutions have been slow to jump on BTC ETFs. Most of the slow uptake has been attributed to due diligence and subsequent lengthy consultations with investment committees for approval.that major firms like LPL Financial Holdings opted for three months to conduct due diligence on the new BTC ETFs.
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