Cameron Winklevoss – Co-Founder and President of crypto exchange Gemini – thinks the “great accumulation of bitcoin has begun.”
He believes the asset will go on a massive uptrend once a BTC Spot ETF receives approval in the United States. As such, he labeled it as “the most obvious and best trade of this decade.”
An Accumulation Window
BlackRock’s ETF efforts entirely changed the short-term landscape for Bitcoin. The world’s largest asset manager filed with the US Securities and Exchange Commission (SEC) to launch a spot BTC ETF in the States. The move sparked optimism in the crypto space and seems to be one of the main factors for Bitcoin’s consecutive rally.
The primary digital asset recently surpassed the $30,000 level, tapping a two-month high. Its market capitalization exceeded $580 billion (per CoinGecko data).
According to Gemini’s President Cameron Winklevoss, investors have already started accumulating the asset en masse. He thinks people willing to join
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