Bitcoin veteran and Hashcash inventor, Adam Back, predicts ETF inflows to have a 30x impact compared to the upcoming BTC halving on April 18th. Back notes traditional finance’s momentum-driven buying and highlights BTC’s strong fundamentals. Despite recent price dips, he attributes it to fear, uncertainty, and doubt (FUD) rather than significant net selling, suggesting a lack of plausible big net-sellers. Bitcoin is currently priced at $39,248.
Bitcoin ETF Inflows Have 30x Larger Impact Than the Halving, According to BTC OG Adam Back – Here’s Why
