"BlackRock Will Send Ethereum To $20,000+, Here's How" - Raoul Pal
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Watch the full video here: • The Everything Code: Making Sense of ...
In a move that NOT even the best analysts in the crypto space saw coming, last week we saw the approval of the Ethereum ETFs.
And Raoul Pal thinks it’s going to be BlackRock & the biggest financial institutions in the world who are going to potentially push Ethereum as high as $20,000 per ETH by the end of this cycle.
To break down last week, in a nutshell, the reason we saw the Ethereum ETFs get approved out of the blue is because of Donald Trump.
Trump, over the last week, has become very vocally supportive of Bitcoin & the crypto space, even now accepting campaign donations in crypto.
This forced the Democrats to re-think their hostile approach to crypto, and thus we saw a 180 by the SEC and the approval of the ETFs.
This is massive for the entire crypto space, as it is now clear the US is going to be crypto friendly moving forward.
In his latest livestream, Raoul breaks down why it’s now going to be BlackRock who spins up a narrative surrounding Ethereum, which will send it to new highs.
Just how high?
Well stick around to the end of the video where in their latest video update to investors, macro economist Julien Bittle from Global macro investor, alongside Raoul Pal, break down their work which suggests we could see Ethereum sore as high as $20,000 per ETH by the end of 2025.
If you want to check out the full deep dive, check out the first link in the description & be sure to subscribe to Raoul Pal’s the Journey Man channel.
About Raoul Pal:
Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform, which helps members understand the complex world of finance, business, and the global economy.
TIMESTAMPS:
00:00 How Will BlackRock Sell Ethereum?
1:12 Intro - Ethereum ETFs Approved!
2:38 Every Bank & Institution Is Working On Ethereum
4:30 Why Trump now supports Crypto
5:54 Why Isn’t Ethereum Over $5,000?8:38 Crypto Is Going To a $10 Trillion Market Cap9:04 Why Ethereum Could Hit $20,000 In 2025
11:39 This is the fastest growing technology of all time
13:44 Institutions Are Coming
#Bitcoin #Crypto #Investing
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SOCIALS
Twitter: / jamintree
My Instagram: / jamincurrie
Email: [email protected]
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But without further ado, here’s Raoul on what the Ethereum ETF means for markets.