Galaxy Digital estimates potential Bitcoin ETF inflows of $14B in year 1, $27B in year 2, and $39B in year 3.
"Galaxy digital... estimate the inflows into a Bitcoin ETF will be as follows $14 billion in the first year $27 billion by the second year and $39 billion by the third year post launch."
Following a spot Bitcoin ETF approval, Galaxy Digital predicts BTC price to reach $59,800 within one year, representing a 74% increase from its September 30th price.
"the price of BTC would grow by 74% from its 30 th of September price reaching $59,800 within a year after a spot ETF approval"
CryptoQuant predicts that upon Bitcoin ETF approval, BTC could reach a $900 billion market cap, and the overall crypto market could grow by $1 trillion.
"if Bitcoin ETFs are approved then TC could become a $900 billion asset and the entire crypto Market could grow by $1 trillion"