Crypto Market To Soar In 2024, Billions In Capital Will Flood Into Sector, Says Analyst
Portfolio Pulse from Murtuza Merchant
Crypto analyst Jamie Coutts predicts a significant surge in crypto inflows in 2024, with billions potentially unlocked from Retail, RIA, and Institutional capital into U.S.-based ETFs. This projection comes despite a decade of SEC regulatory challenges. The U.S. continues to be a dominant force in the Bitcoin Fund assets arena, with Grayscale leading. Coutts also noted the movements and strategies in Bitcoin active entities, suggesting recent activity might be in anticipation of the Grayscale ETF ruling.

August 31, 2023 | 8:54 pm
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The prediction of a significant surge in crypto inflows in 2024 could potentially impact the price of Bitcoin. The U.S. continues to be a dominant force in the Bitcoin Fund assets arena, with Grayscale leading.
The prediction of a significant surge in crypto inflows in 2024 could potentially lead to an increase in the demand for Bitcoin, thereby driving up its price. Furthermore, the U.S. continues to be a dominant force in the Bitcoin Fund assets arena, which could further bolster the price of Bitcoin.
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