💲📈Crypto markets to see a bullish run in the future
With the market rejoicing with the ETF approval, a significant bullish run is anticipated in the future of digital assets.
The trading community is prepared for the consequences of this decision, with the prediction of significant investment inflows. For its ETF alone, Valkyrie Investments anticipates an influx of $200 million to $400 million. All told the market might see inflows of $4 to $5 billion in the first few weeks.
According to VanEck, there will be a $1 billion increase in the first few days, reaching $2.4 billion in a quarter. Galaxy Digital anticipates a $14 billion inflow in the first year, while Bitwise estimates that in five years, the market for spot bitcoin ETFs will grow to approximately $72 billion.
