Spot Bitcoin (BTC) ETF Approvals May Add $1 Trillion to Crypto Market Cap, CryptoQuant Says

by Jeremy

CryptoQuant says that if the issuers which have utilized to record bitcoin ETFs put 1% of their Property Underneath Administration (AUM) to those ETFs, roughly $155 billion may enter the bitcoin market. This represents virtually a 3rd of bitcoin’s present market capitalization. Ought to this state of affairs happen, it could hypothetically push bitcoin’s worth to between $50,000 and $73,000.

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