Blockstream CEO Adam Back is confident in institutional adoption of Bitcoin and sees its price reaching between 500,000 USD and 1,000,000 USD. He highlights that recent ETF approvals and growing interest from sovereign funds are crucial for BTC’s future.
Back claims regulatory risks are milder than expected and that institutions are increasingly investing in Bitcoin. The Trump administration is viewed as supportive of digital asset adoption, indicating a positive environment for BTC investment.
Leave a Reply