Tether Advisor: People tend to overestimate the initial impact of Bitcoin spot ETFs and underestimate their long-term impact

Tether consultant Gabor Gurbacs posted on the . In the long run, people tend to underestimate the long-term impact of Bitcoin spot ETFs. If history is a guide, gold (the case) is worth learning from. " Gabor Gurbacs pointed out that people tend to hype current things but remain short-sighted about the big picture. Bitcoin is pushing its own capital market systems and products well beyond the confines of ETFs, and this is not yet fully reflected in its market price. The question is not what BlackRock adopts, but which Bitcoin company becomes the next BlackRock.