Analyst: The value of the spot BTC ETF and other altcoin ETFs

17.11.2023
17.11.2023

Analyst: The value of the spot BTC ETF and other altcoin ETFs if they are finally approved.

ETF approval scenario:

- Initial surge in demand due to the influx of institutional investors; - Increasing market accessibility for retail investors; - Increased regulatory clarity and investor confidence; - Higher market growth due to these factors.

Scenario without ETF approval:

- Continued growth at current rates without additional push from ETF adoption. - Potential loss of institutional investment. - Slower growth due to perceived higher risk and lack of traditional market structure.
It is becoming increasingly clear that the BTC spot ETF will be approved in the next ~60 days. Delays... files for ETH ETFs, Blackrock, etc.

When you project the impact that the SPDR gold trust ETF has had on the price of gold onto BTC, it becomes clear that this is an extremely significant market event that we will likely only see once in the lifetime of the asset class.

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