Hi everyone I'm Rose Marie Miller here with Mike Belche, the CEO and founder of

BitGo here to tell us about Bitcoin reaching new all-time highs.

Thank you so much for joining me today, Mike.

Great to be here.

Thank you.

So, Mike, Bitcoin just reached a new record high of $69,200 surpassing its previous high of $69,200

$68,990 set in 2021.

What's behind the sharp rise this year? Well I think it's all the news that we've

been building towards over the last you know nearly a decade now you know the

main driver here of course is the the approval of the ETS that happened in January.

And all of a sudden you know there's a distribution channel where people can access

direct exposure to Bitcoin which is larger than any distribution channel we've ever had.

And of course that's the traditional financial markets here in the United States.

All of the ETS have been bringing a tremendous amount of flow.

From the folks that have been in this for a long time and BICO, you know, we've been doing this since 2013.

We like what's going on with Bitcoin in terms of providing an asset that's got a monetary policy that is static and fixed.

So you hear about this a lot, that there's a fixed supply.

And as more people learn about the advantages of a fixed supply value

storage system, they realize, wait a minute, the systems we've been using, you know, dollar

denominated or

fiat-denominated in other countries has a lot of weaknesses by comparison.

And so all of a sudden everybody's looking at like what's going on at the

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