Financial services firm Canaccord Genuity predicts that Galaxy Digital shares will gain value.
Canaccord Genuity analyst Joseph Vafi said: “Galaxy represents one of the most diversified forms of trading digital assets.” he commented.
While Galaxy’s shares are worth about 13 Canadian dollars today, analysts estimate that It could rise to 17 Canadian dollars guesses.
According to Vafi, Galaxy plans to establish Galaxy One Cryptocurrency broker platform called may gain significant market share. Vafi, spot ETFs And upcoming Bitcoin halving It is expected that transaction volumes on the platform will remain at a good level due to this effect.
Invesco Galaxy Bitcoin ETF (BTCO) totaled More than 6 thousand Bitcoins gathered and under his management Worth more than $315 million holds assets.