Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $ 420,000 by the decade’s end. He explained that if 1% of the world’s $ 738 trillion in financial assets were allocated to bitcoin, it would result in $ 7.4 trillion in inflows, raising bitcoin’s price to $ 420,000. Ric …
Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these investment products to their clients. “Every compliance department will say okay to that product because it’s just an ETF like other […]