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Matrixport: Bitcoin could rise to $56,000 if BlackRock Bitcoin Spot ETF is approved
2023-10-19 13:47
Odaily News Wu Jihan’s Singapore-based crypto financial services company Matrixport said in a report that if BlackRock’s spot Bitcoin ETF is approved by the US Securities and Exchange Commission, the price of Bitcoin may rise to between US$42,000 and US$56,000. between. Matrixport, through an analysis of 15,000 U.S.-registered investment advisers, estimated that about $12 billion to $24 billion worth of funds could flow into such ETFs. (The Block)
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