Bitcoin is going to flip gold in market capitalization once crypto ETFs make it even easier for institutions and generalist investors to own the asset, said Scott Melker, host of The Wolf of All Streetsâ€ podcast.
â€œFor me, if youâ€™re talking about 10, 20 years down the road, Bitcoin is easily a seven-figure asset,â€ Melker told David Lin, anchor for Kitco News.
In the intermediate term, it would take only some more retail buying pressure to push the Bitcoin price into six-figure territory by next year, Melker said.
For more information on Bitcoinâ€™s key drivers, watch the video above. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV).