Bitcoin Is Up 100% This Year. It's Not Just Because of Spot BTC ETF Hype

As BTC has gained implicit 100% this year, astir observers tied its caller spot to a looming support of a spot BTC ETF. But its progressively constrained supply, underinvested marketplace participants and bitcoin's rejuvenated radiance arsenic a harmless haven from spiraling indebtedness levels, banking crises and geopolitical turmoil whitethorn besides person played a role.