The Investopedia Express with Caleb Silver cover image

Behind Bitcoin's Rise, and BlackRock's Bid to Launch an ETF

The Investopedia Express with Caleb Silver

00:00

The Rise of the Bitcoin Market

There's some other factors at play. I think there's a certain camp of investors that think maybe the Fed is not going to be as aggressive moving forward. And then, of course, what you were alluding to, we now have this huge frenzy around the potential of a spot Bitcoin ETF with an asset manager like BlackRock jumping in. So, high level, I think those are a few things that are driving Bitcoin this year. But who really controls this market from your perspective, Nate? There are some whales out there that have significant holdings of Bitcoin.

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