According to the billionaire and CEO of Galaxy Digital Mike Novogratz, the growth of the cryptocurrency market capitalization will continue in the coming years.
Related: Galaxy Digital Applied for Bitcoin ETF
On the air of CNBC, the businessman recalled that already now the value of all digital currencies exceeds $ 2 trillion, and this is not the limit of the industry's capabilities.
The trend for the long-term growth of bitcoin and other virtual coins will dominate. We will see the first results within the next two to three years.
Recall, Mike Novogratz's company recently applied to launch a Bitcoin ETF exchange-traded crypto fund.
Previously, a subsidiary of this company was able to achieve ETF approval in the Canadian market.
The CEO of Galaxy Digital himself was one of the first big managers to highly appreciate the potential of bitcoin.
Note that earlier Novogratz worked as a trader at Goldman Sachs bank, and then took the position of the fund manager at Fortress Investment Group.
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On Thursday, April 15, the BTC rate rose to $ 63,000. The day before, the coin tried to gain a foothold above $ 64,000, but a correction soon began, leading to a rollback of bitcoin.