Spot Bitcoin ETFs Are a 'Godsend' for BTC Price: Analyst

I think if you take the Etfs out of the picture, the price of Bitcoin is like 20 grand because it was 30. When they, when Blackrock filed, they started to go up because, oh Blackrock's coming in then they launched, there was little so the news but it hung tough. Now it's, it went up a lot because of the flows. You take you unwind all that. You're at 30 K but you still have Mount Gox and some other in Germany and, and who's there to buy it? So I think the ETF S should be seen as nothing short of a Godsend to be honest with you. And I know there's, I'm not Bitcoin has other things going on for it. It's, it, I read up a lot about it and I think it's a fascinating currency um secure uh way to store value. Um And I, I'm, you know, definitely intrigued that said pure price. I, I think that the ETF S really came at, came at the perfect time to be honest with you.