Investment firm VanEck, which has $76 billion in assets under management, made its price prediction, believing that more than $2.4 billion will flow into spot Bitcoin ETFs.
Asset management giant VanEck, in its report published on December 7 15 different topics He shared his predictions about.
The giant company is likely to be approved first next month 90% spot Bitcoin exchange traded funds (ETFs) 1 billion dollars from the first day total in the first quarter More than 2.4 billion dollars will flow He stated that he believed.
VanEck also maintains that even if there are significant price movements It is expected to fall below 30 thousand dollars in early 2024. He stated that it was not possible.
of Bitcoin USA from presidential elections And price from halving VanEck stated that it will be affected in the last quarter of 2024. will reach a record level told. The company noted that Ethereum will not be able to surpass Bitcoin within the year:
As in past cycles, Bitcoin will lead the rally. After the halving, money will flow to other altcoins. Ethereum, on the other hand, will not perform better than Bitcoin after the halving.
Binance will give the leadership
VanEck said that Binance will lose its leadership position in terms of volume within the scope of the agreement with the USA OKX, Bybit, Coinbase and BitgetHe said that they have the potential to become number 1. Additionally, Coinbase’s volume in the futures market It will increase 5 times in 1 year defended.
On the other hand, the stablecoin market is at an all-time high will reach its highest level of over 200 billion dollars. specified.
Among other prominent topics: Decentralized exchanges reach all-time high in spot trading A groundbreaking web3 game will come, and Solana will continue to outperform Ethereum.