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Fortune

Marco Quiroz-Gutierrez

Galaxy Digital CEO Mike Novogratz says Bitcoin will rebound to its all-time high by next year in wake of ETF approvals

Mike Novogratz Bitcoin Galaxy Digital ETF MicroStrategy Crypto Michael Saylor

(Credit: Photo illustration by Fortune)

Billionaire crypto investor and Galaxy Digital CEO Mike Novogratz is betting that by this time next year Bitcoin will be back at its highest levels ever.

Analysts at Bloomberg predict that the first U.S. spot Bitcoin ETF could be approved by Jan. 10, and Novogratz said that could drive billions of dollars into the sector, causing Bitcoin to skyrocket.

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