Thursday, November 21, 2024
Home > News > Bitcoin News > Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered

Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered

Bitcoin gained around 155% over the last year and is up 6% since the start of 2024, according to data from Messari. Standard Chartered said that following an approval, bitcoin could witness similar gains to what gold did, but over a shorter time period (one to two years). “Our view is the BTC ETF market will develop more quickly,” said the report.

Source