Galaxy Research has published an optimistic report suggesting that the launch of a Bitcoin spot ETF could attract $14 billion in inflows in the first year alone. The report predicts that this figure will increase significantly to $27 billion in the second year and $39 billion in the third year. These expected funds will be invested by institutional players who have been eagerly awaiting ETF approval, which will allow them to gain exposure to Bitcoin without owning the asset itself. The report suggests that Bitcoin will continue to gain popularity and become more mainstream as more investors enter the market through ETFs.