The days of dreaming of getting rich quick with Bitcoin are over

The days of dreaming of getting rich quick with Bitcoin are over

"As the crypto market becomes more institutionalized, the so-called 'To the Moon' returns on Bitcoin investments are unlikely to be seen in the future," said Robert Michenick, head of digital assets at BlackRock, speaking at the Bitcoin Investor Day conference, CNBC reported. "With the advent of Bitcoin spot ETFs, the market is maturing and institutionalizing as institutional investors enter the crypto ecosystem. Bitcoin's notorious volatility will also diminish over time, capping the skyrocketing returns of Bitcoin."