Peter Schiff’s Unexpected Bitcoin ETF Prediction Ridiculed by Cardano Founder
U.Today – The cryptocurrency community recently witnessed a humorous between two prominent figures: Charles Hoskinson, cofounder of , and Peter Schiff, a well-known gold investor and skeptic. Schiff’s latest remarks on the potential impact of a U.S.-listed spot ETF have sparked both criticism and jest, particularly from Hoskinson and the crypto community.
Schiff’s original post cautioned against the hype surrounding the anticipated Bitcoin ETFs. He argued that these ETFs, long supported by speculative demand and the hope of attracting institutional investors, might not deliver the expected new wave of investment.
Schiff suggested that the actual launch of these ETFs could lead to a disappointing outcome for Bitcoin’s price, as the much-anticipated investor demand might fail to materialize. He further…
