Crypto News – According to a research report released by JMP Securities on March 13, in the following three years, the spot Bitcoin ETFs may witness inflows of up to $220 billion by 2027. This could indicate that the price of Bitcoin could increase four times from here to $288,000.
A New Record for BTC: Expected 220 ETF Inflows by 2027
As of right now, more than $10 billion has been invested in spot Bitcoin ETFs in just the first two months of their inception. According to JMP, the current activity and inflows are probably just the beginning and only make up a small portion of the future growth. They stressed that since the approval of an ETF initiates a longer process of capital allocation, flows are expected to expand dramatically.
We estimate $220B of incremental flows will come into the ETFs over the next three years, which could also be quite impactful to bitcoin’s price given the multiplier on capital. If we are directionally correct on the level of net ETF inflows reaching $220B, applying our estimate of the current multiplier of new capital of ~25X, this alone could drive a $5.5T bitcoin market cap increase, or $280K per Bitcoin.
JPM analysts
What Do Different Analysts Think?
It may take institutions and wealth management platforms several months to complete due diligence before starting adequate allocation, according to Bitcoin analyst Willy Woo, despite the fact that the ETFs are still in their early phases.
An enormous bull market for Bitcoin is anticipated by economists, given that the cryptocurrency will halve next month. The dates between halvings and subsequent market peaks are the main focus of cryptocurrency analyst Ali Martinez’s analysis of past Bitcoin halving trends.
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