Odaily News Galaxy Research estimates the potential inflows from the approval of a spot Bitcoin ETF. The report states that the U.S. wealth management industry is likely to be the most accessible and direct market and is expected to gain the most net new accessibility from Bitcoin ETFs. As of October 2023, broker-dealers, banks and RIAs have a combined $48.3 trillion in assets under management. Based on these industry data, the total potential market for U.S. spot Bitcoin ETFs can reach US$14 trillion in the first year after its launch, approximately US$26 trillion in the second year, and approximately US$39 trillion in the third year.