Jan van Eck, CEO of investment management giant VanEck, remains staunchly bullish on Bitcoin's dominance as the premier digital store of value.

"I think it's impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin," he stated. "There's 50 million users of Bitcoin, so it's got network effects."

Van Eck asserts Bitcoin is clearly maturing as an asset class right before our eyes, dismissing notions of a bubble for an asset that continues exponentially outperforming itself each market cycle.

He expects Bitcoin to regain its all-time high within 12 months, calling it "an asset that's growing up in front of our eyes."

With digital gold in VanEck's DNA —having launched the first gold fund in the US back in 1968 — van Eck views Bitcoin complementing gold as twin stores of value in the digital age.

As one of 13 firms vying for an SEC-approved spot Bitcoin ETF, van Eck anticipates all applications will be greenlit simultaneously. The SEC decision is expected in early January 2024.