Summary
Brian Dixon, CEO of Off the Chain Capital, believes that the launch of ETFs has created a significant supply shock in the market. He predicts that once the halving occurs and supply is further reduced, the price of Bitcoin will appreciate.
Key Points
1. The launch of ETFs has created a significant supply shock in the market.
2. The upcoming halving event will further reduce the supply of bitcoin, potentially leading to price appreciation.
3. Demand for bitcoin has been strong since the introduction of ETFs, indicating potential for price growth in the future.