CDS Crypto News If the Bitcoin ETF Market is Approved, It is Claimed that the Market Could Turn into a $ 100 Billion Giant
Crypto News

If the Bitcoin ETF Market is Approved, It is Claimed that the Market Could Turn into a $ 100 Billion Giant

If the Bitcoin ETF market is approved, the sector could grow.

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If the Bitcoin ETF Market is Approved, It is Claimed that the Market Could Turn into a $ 100 Billion Giant

Crypto News – If permitted, the US spot Bitcoin ETF market could eventually expand into a $100 billion behemoth, according to projections from Bloomberg Intelligence.

If the Bitcoin ETF Market is Approved, It is Claimed that the Market Could Turn into a $ 100 Billion Giant

Analysts predict that new money will be drawn to a spot product, which is also expected to be less expensive and more effective than the present futures ETFs on US exchanges. This is especially true for investors wishing to buy and keep for longer periods of time.

What’s the Difference Between Bitcoin Futures EFT and Spot EFT?

Even if Bitcoin-futures ETFs were warmly welcomed and represented a turning point for the cryptocurrency sector, this year’s Bitcoin rise has lagged behind them. The cost of extending certain futures contracts as they approach expiration has cut into returns, causing the funds to drift away from the assets they follow.

Spot ETFs are more likely than futures-based ones to represent supply and demand in real-time, therefore their debut could lead to a shift in trading activity and liquidity away from US Bitcoin futures markets. The strength of the involved issuers and Grayscale’s recent court victory, according to supporters, may ultimately tip the scales in favor of these funds’ approval.

If the Bitcoin ETF Market is Approved, It is Claimed that the Market Could Turn into a $ 100 Billion Giant
Sources:coincu
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Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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