The approval of a Bitcoin Exchange-Traded Fund (ETF) could open the floodgates for $15 trillion investment
The co-founders of the crypto analytics company Glassnode anticipate a substantial influx of capital into Bitcoin once regulatory authorities approve a physically-backed Bitcoin exchange-traded fund (ETF). According to Jan Happel and Yann Allemann, who go by the Negentropic handle on the X social media platform, institutional capital amounting to trillions of dollars is poised on the sidelines, ready to enter the Bitcoin market once a spot-based BTC ETF is available. KEEP READING
Comments
Post a Comment