US investment bank JMP Securities said there could be an inflow of $220 billion into spot Bitcoin ETFs in the next three years, while a 4-fold price estimate came.
JMP Securities raised cash inflow expectations for spot Bitcoin exchange-traded funds (ETFs). Spot Bitcoin ETFs are ahead of the curve in a research report filed Wednesday, March 13 by JMP Securities analysts. in three years $220 billion entry It was stated that it could happen.
In connection with this, the future of Bitcoin It will quadruple in value in 3 years Analysts stated that the price It can go up to 280 thousand dollars told. in price 4-fold rise Analysts predict that Bitcoin’s market value will also to 5.5 trillion dollars He emphasized that it could come out:
We estimate an additional $220 billion will flow into ETFs over the next three years. This could have a significant impact on the Bitcoin price, considering the capital multiplier. If we are correct about net ETF inflows reaching $220 billion, our current new equity multiplier estimate of 25X will come true. This alone could lead to a $5.5T Bitcoin market cap increase, or a rise to $280K per Bitcoin.