#crypto market capitalization will grow by $1 trillion in case of approval of a spot #bitcoin-ETF

The analytical company #CryptoQuant in a new report on the cryptocurrency market writes that in the case of approval of the bitcoin-ETF capitalization of #BTC can grow by $155 billion, and the total capitalization of the entire crypto market by $1 trillion, with the infusion of only 1% of institutional capital into the market.

According to analysts' calculations, the price of BTC in this case could rise to $50-70 thousand.

#cryptocurrency $BTC