In a recent development, Bitcoin Exchange-Traded Funds (ETFs) could potentially witness up to $100 billion in inflows, provided the Securities and Exchange Commission (SEC) gives its approval. This prediction comes from analysts at Standard Chartered, Galaxy, and Corestone.
These experts further anticipate that a spot Bitcoin ETF could attract over $1 billion in inflows within the first quarter alone. This significant prediction underscores the potential impact of regulatory approval on the cryptocurrency market.
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Information | Details |
---|---|
Geography | Global |
Countries | |
Sentiment | positive |
Relevance Score | 1 |
People | Lyllah Ledesma |
Companies | Galaxy, Corestone, Standard Chartered |
Currencies | Bitcoin |
Securities | None |