Posted 10/18/2023, 4:04:48 PM
Bitcoin Market Cap Could Surge to $900B If SEC Approves Spot ETFs, Analysts Predict
- Bitcoin's market cap could reach $900B if spot ETFs are approved, per report from CryptoQuant
- Analysts expect flood of money from institutional investors if ETFs approved
- ETF inflows could boost crypto market cap by $1 trillion total
- Many major financial players like BlackRock have applied for spot Bitcoin ETFs
- Analysts say SEC approval of Bitcoin ETF likely in coming months due to mounting pressure
