Defiance ETFs CEO Completely Bullish on Bitcoin — Says Its a Good Time to Get in – Bitcoin News - BitcoinEthereumNews.com
The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief executive officer, chief investment officer, and co-founder of Defiance ETFs, explained her bullishness on bitcoin despite recent price declines in an interview with CNBC Thursday. Defiance ETFs is an exchange-traded funds (ETFs) sponsor and registered investment advisor focused on thematic investing. Jablonski told the media outlet: I remain completely bullish on bitcoin. I think the short-term activity is just noise. She noted: “It looks as though, in terms of what weve seen for the last six months to a year or so, is that bitcoin is correlated with risk assets and equities specifically.” The executive explained that when investors see the crypto market rallying for a couple of days, they pile back into bitcoin, ether, and some of the other cryptocurrencies. Similarly, “when you do see pullbacks, they seem to be hitting bitcoin too,” she pointed out. Regarding bitcoin as an inflation hedge, she admitted that “a couple of years ago, a lot of us thought that bitcoin was going to be