According to Odaily, a research report released on Tuesday by brokerage firm Bernstein predicts a significant growth in the market for Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). The report suggests that the market could expand to a staggering $450 billion. This implies that over the next 18 to 24 months, the funds flowing into cryptocurrency ETFs could exceed $100 billion.
The prediction underscores the increasing interest and investment in cryptocurrency ETFs, particularly those linked to Bitcoin and Ethereum. These digital assets have seen a surge in popularity and value over recent years, attracting significant attention from investors and financial institutions alike.
The report by Bernstein provides a positive outlook for the future of cryptocurrency ETFs, suggesting a potential for substantial growth and investment in the sector. However, it is important to note that the cryptocurrency market is highly volatile and unpredictable, and investments should be made with caution.