Bitcoin’s market cap is expected to reach $900 billion with the approval of spot exchange-traded funds (ETFs) next year, according to a new report from CryptoQuant. This would be a huge jump from its current market cap of $550 billion, according to CoinGecko data. The entire crypto market cap could also be bumped up by $1 trillion. Major Wall Street players, such as BlackRock, have applied for a spot Bitcoin ETF, but the U.S. Securities and Exchange Commission has been slow to approve one. However, experts now say there is a 90% chance the U.S. market will have a Bitcoin ETF by January 10. #Bitcoin #CryptoMarket #CryptoQuant #ETFs #BlackRock

You can read more about this topic here: Decrypt: Bitcoin ETF Could Boost Crypto Market by $1 Trillion, Analysts Say

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