BTC to Hit $59,000 Post Spot ETF Launch, Says Galaxy
Crypto investment firm Galaxy Digital anticipates a 74.1% surge in BTC’s price in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States.
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Crypto investment firm Galaxy Digital anticipates a 74.1% surge in BTC's price in the first year after spot Bitcoin exchange-traded funds (ETFs) are launched in the United States.
Galaxy Digital analyst Charles Yu estimates that the overall addressable market for the Bitcoin ETF could reach $14.4 trillion in the first year after launch. Based on this estimation, the BTC price could skyrocket to $59,200.
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