Samson Mow predicts Bitcoin hitting $1M within a matter of ‘days to weeks’ following anticipated approval of Spot Bitcoin ETF.

Bitcoin (BTC) is expected to skyrocket to $1 million within a short period of time after the approval of a spot BTC exchange-traded fund (ETF), according to Samson Mow, CEO of Jan3. Mow explained that the limited supply of Bitcoin on exchanges, combined with the influx of institutional capital that is anticipated upon ETF approval, will cause the price to surge rapidly. He compared this potential rally to the gradual impact of central bank money printing, stating that money printing takes years to permeate the economy, whereas the post-ETF approval rally will happen much faster. Mow believes that the rally to $1 million will be shorter than previous Bitcoin rallies, which took months to achieve. To learn more about Mow’s price prediction, watch the full interview on the Cointelegraph YouTube channel.