Citing a Coinbase report, CoinDesk indicates that the approval of a Bitcoin spot ETF in the U.S. is anticipated to broaden the cryptocurrency market's base, accompanied by a significant surge in demand. David Duong, Head of Institutional Research at Coinbase, notes that the BTC Spot ETF could enhance liquidity for all participants, easing restrictions for large asset managers and institutions to buy and hold BTC within regulatory compliance, thereby expanding cryptocurrency adoption. Duong suggests that the overall cryptocurrency market capitalization could witness a multi-billion dollar increase, especially considering the potential for a BTC ETF to serve as a haven amid escalating geopolitical tensions. 🚀💼 #BitcoinSpotETF #CryptoMarketExpansion