The Indicator from Planet Money

What's behind Bitcoin's bullrun?

03.12.2024 - By NPRPlay

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The introduction of brand new spot bitcoin ETFs has put bitcoin on a bit of a hot streak. Just this week, the price of bitcoin reached a record high of about $72,000 which is about 70% higher than it was a couple of months ago. So why exactly have these ETFs changed the perception around bitcoin so quickly?

Today on the show, we talk with a Bitcoin believer and a skeptic to understand what exactly all the fuss is about for these bitcoin ETFs.

Related episodes:

WTF is a bitcoin ETF? (Apple / Spotify)

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