{"id":13999,"date":"2025-02-19T19:33:20","date_gmt":"2025-02-19T19:33:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13999"},"modified":"2025-02-19T19:33:20","modified_gmt":"2025-02-19T19:33:20","slug":"bitcoin-early-in-bull-market-can-compete-with-gold-etfs-blockstream-ceo-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13999","title":{"rendered":"Bitcoin &#8216;Early In Bull Market,&#8217; Can Compete With Gold ETFs, Blockstream CEO Says"},"content":{"rendered":"<div>\n<p><strong>Blockstream <\/strong>CEO <strong>Adam Back <\/strong>believes <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is entering a fresh bull market, citing strong inflows from ETFs <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43790066\/institutions-can-earn-bitcoin-yield-with-lstbtc-while-retaining-custodian-security\">and institutional investors.<\/a><\/p>\n<p><strong>What Happened: <\/strong>&#8220;We&#8217;re certainly in the early stages of a bull market,&#8221; Back <a href=\"https:\/\/x.com\/Cointelegraph\/status\/1892255600119001153\">told<\/a> CNBC on Wednesday, emphasizing the growing demand for Bitcoin among financial institutions.<\/p>\n<p>Back highlighted that Bitcoin ETFs are currently absorbing twice the daily mined supply, with firms like MicroStrategy further adding to the buying pressure. <\/p>\n<p>&#8220;Really, there&#8217;s a lot of inflow,&#8221; he said, adding that despite short-term profit-taking by midterm investors, structural demand remains robust.<\/p>\n<p>Bitcoin is &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43826697\/bitcoin-early-in-bull-market-can-compete-with-gold-etfs-blockstream-ceo-says\" alt=\"Bitcoin\" in bull market can compete with gold etfs blockstream ceo says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Blockstream CEO Adam Back believes Bitcoin (CRYPTO: BTC) is entering a fresh bull market, citing strong inflows from ETFs and institutional investors. What Happened: &#8220;We&#8217;re certainly in the early stages of a bull market,&#8221; Back told CNBC on Wednesday, emphasizing the growing demand for Bitcoin among financial institutions. Back highlighted that Bitcoin ETFs are currently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13999","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13999"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13999\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}