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Galaxy Research: Bitcoin spot ETF inflows expected to reach $14 billion in first year

Galaxy Research: Bitcoin spot ETF inflows expected to reach $14 billion in first year

Cointime2023/10/25 05:54
By: Cointime
BTC+0.24%

On October 25th, Galaxy Research released a report stating that based on the total assets managed by the wealth management industry in the United States, the growth rate of various channels entering the Bitcoin spot ETF was classified and estimated. The conclusion drawn is that the expected inflow of funds in the first year after the launch of the Bitcoin spot ETF is expected to reach 14 billion US dollars, which will increase to 27 billion US dollars in the second year, and increase to 39 billion US dollars in the third year after its launch.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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