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Bitcoin Poised For 74% Enhance To $59,200 In First Yr Submit ETF Launch, Predicts Galaxy Digital | The Global Today

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Bitcoin’s (CRYPTO: BTC) worth is predicted to soar by a staggering 74% within the first yr following the launch of spot Bitcoin exchange-traded funds (ETFs) within the U.S., in line with estimates from cryptocurrency funding agency Galaxy Digital. The predictions, in line with a Cointelegraph report, counsel that the full addressable market measurement for Bitcoin ETFs would hit $14.4 trillion within the first yr post-launch. The 74% determine was derived from assessing the potential worth influence of fund inflows on Bitcoin ETF merchandise, utilizing gold ETFs as a baseline. Analysis affiliate at Galaxy Digital, Char…

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