Author: Elena R
Elena R 
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jun 12, 2024 19:36
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
U.S.-based $90 Billion asset manager Vaneck has remained bullish on the long-term perspective of Bitcoin. Matthew Sigel, the head of digital assets research, believes that the price of BTC will potentially reach a high of $350,000 by 2030. He had priorly stated that the Ethereum (ETH) price would reach a high of $22,000 during the same time period. The research was made based on the performance of Spot Bitcoin ETF. The valuation of ETF has already surpassed the $15 Billion mark and is predicted to cross an AUM of $500 Billion.