Since Jan 2024, total net inflows of spot BTC ETFs are around $54.5b.

in H4LAB Research3 months ago

1000016962.jpg

Source: CoinGlass

Spot BTC(Bitcoin) ETFs were approved by the U.S. 🇺🇸 SEC(Securities and Exchange Commission) in Jan 2024. Since then, total net inflows record about $54b.

What if Clarity Act(Digital Asset Market Clarity Act) passes next month or the month after next month?

1000016965.jpg

Source: @2dogs1chic on X

Conservatively, $1t can flow into the crypto market. Of course, the amount won't flow into it, simultaneously. It may take more than a year.

If it passes, I think the bear is done, like COVID-19. I hope we will win soon and see at least $500k per 1 BTC.

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