CoinVoice recently learned that on October 18, according to CoinDesk, according to the model prediction of blockchain analysis company CryptoQuant, if the Bitcoin spot ETF is approved, the market value of Bitcoin will reach 900 billion US dollars and the entire cryptocurrency market value will increase by 1 trillion US dollars.
CryptoQuant pointed out in the report that the first institutional adoption in 2020-2021 was institutions adding Bitcoin to their balance sheets, and the next wave of adoption may be financial institutions offering Bitcoin trading to customers through spot ETFs. [Original link]
