US Bitcoin ETF Approval To Spur Global BTC Buying Activity

The chief executive of crypto intelligence firm CryptoQuant believes that a wall of money will likely enter the crypto markets as soon as a US exchange traded fund (ETF) is approved.

In a new tweet, Ki Young Ju tells his 156,000 followers that he sees global FOMO (fear of missing out) happening once the US green lights a Bitcoin ETF.

“Imagine when [the] U.S. Securities and Exchange Commission (SEC) approves Bitcoin ETFs. US followers like Korea will approve Bitcoin ETFs, more global institutions will buy BTC, and more global financial services will launch Bitcoin funds. How much [will the] BTC price be then? The bull market may last longer than we thought.”

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