News - Bitcoin ETFs: $4 billion on the first day?

By Luc Vesters

Bitcoin ETFs: $4 billion on the first day?

Bitcoin (BTC)
ETF

Wall Street money is what the crypto sector is hoping for. Now that the eleven Bitcoin ETF's are approved, this dream may become a reality. If Bloomberg is to be believed, the market is expected to generate capital inflows of $4 billion on the first day.

The prediction was published by the data analysis platform via X. Comparing the volumes with Bitcoin ETFs in Europe, it becomes clear: the big money is coming from the US. The 10 largest European ETFs have been on the market for years and have a total volume of approximately US$2.5 billion. Bloomberg estimates that capital inflows could increase to a total of $50 billion over the next two years.

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