Dan Morehead: It’s years for ETF

Pantera Capital CEO Dan Morehead explained in a speech that it has been a long few years for a Bitcoin ETF, and it is still too early for an ETF. Stating that there are expectations regarding the Bitcoin ETF at the end of the next few years, Morehead stated that investors should not be worried today, since it may be extremely early for an ETF in the next few years, institutions will decide accordingly. For several months, people have been following the ETF announcements by the SEC/FED carefully and could see how important the ETF issue is and the fluctuation in the market every time ETF news is released.

Bitcoin ETF is not welcomed

Many analysts state that it is already too early for a Bitcoin ETF and that it needs several years, and that if this step is taken today, there will be a complete chaos in the market. They say that the Bitcoin ETF may be real in the next few years and that we should not expect it now.

*There is no definite date for the Bitcoin ETF.