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One of the largest international banks on the planet, Standard Chartered has recently predicted that Bitcoin could see as much as $100 billion in Spot ETF inflows. Specifically, the bank stated those funds could be seen in 2024, following approval of the investment product.

Industry experts have increased their expectations of the product’s approval in the coming days, with many expecting approval to arrive by Wednesday of this week. Moreover, Standard Chartered has forecasted a massive price increase for the digital asset following approval of the more than a dozen spot Bitcoin ETF applications that the US Securities and Exchange Commission (SEC) is currently contemplating.

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