CryptoQuant: If a Bitcoin spot ETF is approved, the cryptocurrency market value may increase by $1 trillion

2023-10-18 13:48:27

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ChainCatcher news, according to CoinDesk, based on a model prediction by blockchain analytics firm CryptoQuant, if a Bitcoin spot ETF is approved, Bitcoin's market capitalization will reach $900 billion, and the total cryptocurrency market capitalization will grow by $1 trillion.

CryptoQuant noted in the report that the initial institutional adoption from 2020 to 2021 was when institutions added Bitcoin to their balance sheets, while the next wave of adoption may be financial institutions offering Bitcoin trading to clients through spot ETFs.

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2025-04-09 11:57

Data: Bitcoin spot ETF had a total net outflow of 109 million USD yesterday, marking three consecutive days of net outflow

2025-04-08 12:04

Data: Bitcoin spot ETF had a net outflow of $173 million last week, while Grayscale Bitcoin ETF GBTC had the largest weekly net outflow of $95.48 million

2025-04-07 11:33

Data: Bitcoin spot ETF had a total net outflow of 64.8776 million USD yesterday, with no net inflow for all twelve ETFs

2025-04-05 11:54

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