Bitcoin ETF: Long View Pays Off, VanEck Advisor Sticks to Bullish Stance

• VanEck advisor Gabor Gurbacs shared insights on his long-term bullish perspectives on Bitcoin ETFs.
• Gurbacs drew a parallel with the price growth of gold following the first gold ETF launch.
• Arguing against people’s short-term hype on ETF, he posited that the approval of a U.S. spot Bitcoin ETF may create $ Trillions in value.

VanEck advisor Gabor Gurbacs shared his long-term bullish perspectives on Bitcoin ETFs, in contrast to the community’s overestimation of its short-term impact. Reflecting on the long-term impact of Bitcoin ETFs, Gurbacs argued against people’s hype on ETFs’ short-term impact, positing that the ETF launch would initially trigger the net inflow of around $100 million in funds, mostly recycled money, from institutional investors.

Portraying the exchange-traded funds’ long-term impac…

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