![Bitcoin Price (BTC) Headed Higher in 2024 Thanks to Spot ETF Bitcoin Price (BTC) Headed Higher in 2024 Thanks to Spot ETF](https://digitallifegaming.com/wp-content/uploads/2023/12/N7LHB2562NARZKEDIBCIIXYBNI-768x402.jpg)
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Mainstream investors – whether at the individual or institutional level – to date have not had a “high bandwidth” compliant channel for putting money into bitcoin, said Saylor, and that’s all about to change with the spot ETF. This new vehicle, argued Saylor, is going to drive a demand shock for bitcoin which will soon be followed by a supply shock in the form of April’s halving event – at which point there will be just 450 bitcoin produced each day versus the current 900.
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