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

by SB Crypto Guru News
October 18, 2023
in Crypto Updates
Reading Time: 1 min read
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CryptoQuant says that if the issuers which have utilized to record bitcoin ETFs put 1% of their Property Below Administration (AUM) to those ETFs, roughly $155 billion may enter the bitcoin market. This represents nearly a 3rd of bitcoin’s present market capitalization. Ought to this situation happen, it might hypothetically push bitcoin’s worth to between $50,000 and $73,000.



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