Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: | 🔸️Ethereum | Bitcoin & Altcoin News
Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities
Spot bitcoin (BTC) exchange-traded funds could see $220 billion of inflows over the next three years, which means BTC's price could quadruple to $280,000 when applying the multiplier on new capital, broker JMP Securities said in a research report Wednesday. The broker raised its price target on the stock to $300 from $220, the highest among Wall Street analysts, according to Factset data, while maintaining its market outperform rating.
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