David Lawant, the head of research at FalconX, a crypto trading platform for financial institutions, recently shared insights on Bitcoin's future prices in anticipation of a US spot Bitcoin ETF launch. Lawant highlighted the significance of the ETF approval, emphasizing the potential influx of capital ranging from $500 million to $1.5 billion. He noted the crucial deadline of January 10, 2024, for the ARK/21 Shares application and emphasized the importance of initial capital inflows after the ETF launch. Lawant's analysis suggested that for Bitcoin to surpass $40k, net inflows should exceed $1.5 billion, while inflows below $500 million could push the price back to $30k or lower. Despite potential price variability, Lawant remains optimistic about BTC's price rally post-ETF debut, given favorable market conditions and prominent issuers in the SEC queue. BTC's current price stands at $34,542.
