Analysts predict that Bitcoin ETFs could see inflows of more than $1 billion over the next 3 months and possibly even $100 billion at the end.

Standard Chartered Bank expects significant inflows if SEC approves these products. The bank has predicted bitcoin’s rise to $100,000 before the end of the year.

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In a report, the bank predicted that $50 to $100 billion in inflows would occur this year if asset managers were successful in their bids to create spot bitcoin ETFs. By the end of 2024, between 437,000 to 1.32 million bitcoins will be held by U.S. exchange-traded funds.

The bank said that if the expected inflows occur, bitcoin prices could reach levels nearer to $200,000 before the end of 2025.

Standard Chartered compared bitcoin’s potential ETF with the first U.S. gold exchange-traded products, launched in November 2004, which was based on the U.S. The price of gold increased by over four times in the seven-year period that it took to reach maturity.

According to Messari data, Bitcoin has gained 155% in the past year and is now up 6% from the beginning of 2024. Standard Chartered stated that bitcoin would likely see similar gains as gold, but in a shorter period of time (one to two year). The report stated that “our view is that the BTC ETF will develop more rapidly.”

Will McDonough is the chairman and founder at Corestone Capital. He predicts that a bitcoin ETF will be in high demand if it gets approved. McDonough believes that there will be around $1 billion inflows at the end of the 1st quarter of this year.

McDonough stated that the number of investors who can allocate a 1% portion of their portfolios to this alternative asset class will increase exponentially. I also believe that the price movement (given that Bitcoin has a fixed supply) will be as high.

Galaxy Digital stated in a report published in October that ETFs will attract at least $14,4 billion in inflows during the first year of their issuance. The report said that the inflows would increase by $27 billion the second year, and by $39 billion the third.

A number of asset management firms have also filed for spot ETFs, with the deadline for a final decision set for May. Standard Chartered stated in the report it expected the SEC will allow ether-based ETFs.

What happens to Bitcoin price if the Spot ETF is not approved?

Nikhilesh De.