Bitcoin’s market cap will boom if spot exchange-traded funds (ETFs) get approved next year, according to a new report.
CryptoQuant, which provides blockchain data to investors, said in a report this week that it expects Bitcoin’s market cap to reach $900 billion due to the amount of money that would flow into the market from institutions.
Bitcoin’s market cap currently stands at $550 billion, according to CoinGecko data.
CryptoQuant also said the flood of money into the digital…
