For Ric Edelman, of the largest US investment consultancy firm of the same name, Bitcoin could reach $150k in two years thanks to ETFs

Bitcoin: post-ETF forecasts

According to Ric Edelman, founder of the investment consultancy firm Edelman Financial Services, as well as one of the most important investors in the US, the new Bitcoin spot ETFs can lead the first cryptocurrency to record goals never seen before.

Specifically, he estimates that new financial products could attract approximately $150 billion in new liquidity from independent financial advisors over a two- to three-year time frame. For this reason, it would not be far-fetched to see BTC reach $150,000 within this time frame.

Again according to Edelman Financial Services, “77% of independent advisors expect to allocate an average of 2.5% of their client portfolios to the Bitcoin ETF.” For this reason, "since 'RIA' advisors collectively manage 8 trillion dollars, investments should weigh around 154 billion."

Rosy prospects, but not immediately

The scenario seems more than positive, however, caution must not be lost, given that the new flows will not occur immediately. The new environment requires some time before companies can implement the new ETFs, and regulatory agencies may still be working on policies that govern their use.

Furthermore, new training will now be required from investors themselves, since traditional finance is not yet used to dealing with digital assets. This, also in relation to the customers themselves, who will need to have all the necessary tools to fully understand the potential of Bitcoin and blockchain technology to proceed with their investments.