"Potential $100B Inflows: SEC's Decision on Bitcoin ETFs"

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Source: CoinDesk
"Potential $100B Inflows: SEC's Decision on Bitcoin ETFs"
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TL;DR Summary

Standard Chartered predicts that if the U.S. SEC approves spot bitcoin ETFs, there could be inflows of over $1 billion in the next three months and potentially more than $100 billion by the end of the year. The bank also forecasts that bitcoin could rise to $100,000 by year-end and potentially to levels closer to $200,000 by the end of 2025 if the inflows materialize as expected. Analysts and industry experts are anticipating heavy demand for bitcoin ETFs if approved, with predictions of significant inflows and potential gains similar to those seen in the gold market.

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