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ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 97,992.25
ethereum
Ethereum (ETH) $ 3,364.90
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 661.35
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 1.41
binance-usd
BUSD (BUSD) $ 0.99736
dogecoin
Dogecoin (DOGE) $ 0.426579
cardano
Cardano (ADA) $ 1.02
solana
Solana (SOL) $ 253.29
matic-network
Polygon (MATIC) $ 0.567891
polkadot
Polkadot (DOT) $ 8.71
tron
TRON (TRX) $ 0.208915
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    HomeCrypto Finance

    Galaxy predicts 74% Bitcoin worth enhance first 12 months after ETF launch

    Crypto Finance
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    Bitcoin’s (BTC) worth will enhance 74.1% within the first 12 months after spot exchange-traded funds (ETFs) are launched in america, in line with estimates from crypto funding agency Galaxy Digital.

    In an Oct. 24 weblog publish, Galaxy Digital analysis affiliate Charles Yu estimated the overall addressable market dimension for Bitcoin ETFs could be $14.4 trillion within the first 12 months after launch. He obtained the 74% determine by assessing the potential worth impression of fund inflows to Bitcoin ETF merchandise utilizing gold ETFs as a baseline.

    Spot Bitcoin ETF estimated one-year inflows by month and Bitcoin worth impression. Supply: Galaxy Digital Analysis
    Spot Bitcoin ETF market sizing and influx estimates over the primary three years. Supply: Galaxy Digital Analysis

    Proceed Studying on Cointelegraph

    See also  Ambient Secures $2 Million to Scale Up DePIN for Environmental Monitoring Globally
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