Galaxy Digital Predicts 74% Bitcoin Price Surge in Year After U.S. ETF Launch

Galaxy Digital predicts a 74% Bitcoin price increase in the first year after a U.S. Bitcoin ETF is launched. This would bring the price to over $59,000.

The total addressable market size for Bitcoin ETFs is estimated to be $14.4 trillion in year 1.

Bitcoin's price is estimated to increase 6.2% in the first month after an ETF launch, trending down to 3.7% monthly gains by month 12.

Galaxy's prediction doesn't account for potential "second-order effects" of an ETF launch, which could further boost price.

Other markets are expected to follow the U.S. in approving Bitcoin ETFs after the initial launch, expanding access.