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Mike Novogratz Says BlackRock’s Filing For Bitcoin ETF Is ‘The Best Thing That Could Happen’

Altszn.com by Altszn.com
June 17, 2023
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Mike Novogratz Says BlackRock’s Filing For Bitcoin ETF Is ‘The Best Thing That Could Happen’
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Galaxy Digital Holdings (OTCMKTS: BRPHF) CEO Michael Novogratz says he is hoping BlackRock Inc’s (NYSE: BLK) filing for the Bitcoin (CRYPTO: BTC) ETF will succeed because it would make it easier for blue-chip investors to dive into the space and be the best thing that could happen to Bitcoin. In an interview this week, Novogratz said that “there is no reason why we shouldn’t have a Bitcoin ETF” since “we’ve got a futures ETF.” He added that a judge “already chastised the SEC (Securities and Exchange Commission) for the lunacy of that in the Grayscale case.” “I say a Hail Mary and two Our Fathe…

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Previous articleBitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

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