Rick Edelman, founder of the consulting company Edelman Financial Engines, is convinced that by the end of 2022, more than 33% of Americans will own the most popular cryptocurrency.
“The popularity of bitcoin is growing rapidly, already now it is owned by 24% of Americans. It is easy to guess that by the end of the year, over a third of US residents will have this currency, ”Edelman said on the air of CNBC.
According to the businessman, despite the difficult beginning of the year for bitcoin, corporations and even governments are actively investing in it. Therefore, there is no need to doubt the well-being of the cryptocurrency.
In 2019, Rick Edelman, speaking on the Yahoo! Finance, called Bitcoin the first truly new type of financial assets in 150 years. For the past eight years, the creator of Edelman Financial has argued that the US Securities and Exchange Commission (SEC) is about to approve a Bitcoin ETF. But now he is convinced that this will happen in 2023.
However, SEC Commissioner Esther Pearce said that the government agency is running out of reasons to refuse to register Bitcoin ETFs:
“Most of the concerns faced by the SEC have already outlived their usefulness. The industry has proven that it is mature enough to thrive on innovation. ”
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