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Galaxy Digital's research predicts that approval of a spot Bitcoin ETF could lead to a 74% price increase in Bitcoin within the first year. The approval of spot Bitcoin exchange-traded funds (ETF) in the US, the price of Bitcoin is expected to increase by 74.1% within a year. Cryptocurrency investment firm As estimated by crypto investment firm Galaxy Digital, Bitcoin is projected to see a 74.1% price increase in the first year after the U.S. launch of spot Bitcoin ETFs. In a As estimated by crypto investment firm Galaxy Digital, Bitcoin is projected to see a 74.1% price increase in the first year after the U.S. launch of spot Bitcoin ETFs. Crypto investment firm Galaxy Digital predicts a 74.1% surge in Bitcoin’s price in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the Crypto investment firm Galaxy Digital posits that Bitcoin's price could rise by 74.1% in the year following the launch of spot Exchange-Traded Funds (ETFs) in the U.S. The These ETFs could revolutionize investment accessibility for the U.S. wealth sector, handling $48.3 trillion, and Galaxy Digital projects significant market shifts with the introduction of spot Bitcoin The research report, coupled with an Oct. 24 blog post by Galaxy Digital’s research associate Charles Yu, arrived at the 74% figure by assessing the potential price Galaxy Digital, a leading player in the digital assets sphere, has issued a bullish prediction for Bitcoin’s trajectory following the launch of the much-anticipated US

Bitcoin to Surge 74% After Spot ETF Debut? Galaxy Digital Predicts Big Gains

Could the approval of spot Bitcoin ETFs trigger a massive price rally? Leading crypto investment firm Galaxy Digital predicts a potential 74.1% surge in Bitcoin's price within the first year following the U.S. launch of these much-anticipated investment vehicles. This bullish outlook stems from the belief that spot Bitcoin Exchange-Traded Funds (ETFs) will revolutionize investment accessibility.

Galaxy Digital's Bold Bitcoin Prediction

Galaxy Digital's research suggests that the introduction of spot Bitcoin ETFs could unlock significant market shifts, potentially impacting the U.S. wealth sector, which handles a staggering $48.3 trillion. Galaxy Digital's prediction of a 74.1% price increase hinges on the increased accessibility and mainstream adoption spurred by these ETFs.

As estimated by crypto investment firm Galaxy Digital, Bitcoin is projected to see a 74.1% price increase in the first year after the U.S. launch of spot Bitcoin ETFs. The firm believes that the approval of spot Bitcoin exchange-traded funds (ETF) in the US will drive demand and positively impact the price of Bitcoin.

Spot Bitcoin ETFs: A Game Changer?

These ETFs could revolutionize investment accessibility for the U.S. wealth sector, handling $48.3 trillion, and Galaxy Digital projects significant market shifts with the introduction of spot Bitcoin. The research report, coupled with an Oct. 24 blog post by Galaxy Digital's research associate Charles Yu, arrived at the 74% figure by assessing the potential price impact.

Galaxy Digital, a leading player in the digital assets sphere, has issued a bullish prediction for Bitcoin’s trajectory following the launch of the US spot ETFs. Stay tuned for updates as the situation develops!

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