Ethereum ETFs Got Approved - But Not in the U.S.! 🧐
Crypto markets have been absolutely unhinged these past three days.
Just when investors thought they could kick back and enjoy some market calm right around the upcoming halving, geopolitical rumblings in the Middle East erupted and sent Bitcoin into a tailspin. Prices took an 8% nosedive as conflict headlines flashed across the wires, reminding everyone that not even the OG crypto is immune to global unrest.
But then Hong Kong played the role of crypto's ray of sunshine.
In a power move asserting the city's ambitions to become a premier digital asset hub, regulators approved not just one, but two spot Bitcoin and Ethereum ETFs. The news sent Bitcoin back to 67K within a matter of minutes.
Many of us are just trying to keep up with this market's bipolar momentum swings over the last 72 hours.
And believe it or not, that's just the half of it!
