Jan Van Eck, CEO of asset management company VanEck, one of the 13 companies applying for the Spot Bitcoin ETF, made some important statements about the crypto market.
Jan Van Eck, CEO of VanEck, one of the leading asset management companies, expressed his evaluations about the future of Bitcoin in a television program he attended. VanEck is one of 13 companies that have applied to create a spot Bitcoin exchange-traded fund in the United States. Jan Van Eck evaluates the current status and future potential of Bitcoin and predicts that the cryptocurrency will reach record levels in the near future.
Bitcoin and Gold Performance
Van Eck compared the performance of Bitcoin and gold and found that both assets followed a similar path. He emphasized that these two values, which peaked in 2021, are likely to recover towards 2024. He explained that Bitcoin, in particular, has a faster recovery process compared to gold.
Van Eck also explained that the macroeconomic factors behind Bitcoin and gold are very strong. Van Eck explained that changes in interest rates directly affect the performance of these assets, and low interest rates make valuable assets such as Bitcoin and gold more attractive.
”Bitcoin Güçlü bir Ağ
Van Eck said Bitcoin has 50 million users and therefore has strong network effects. The CEO, who manages $76.4 billion in assets, explained that Bitcoin is definitely not a bubble, and that an asset that exceeds itself in every market cycle cannot be a bubble.
”And in the next 12 months Bitcoin will reach an all-time high.”
“I don’t think I can imagine another store of value on the Internet that surpasses Bitcoin,” Jan van Eck said in an interview with CNBC. The CEO explained that Bitcoin is not just an investment tool, but an asset that is growing significantly before our eyes.
