**Crypto Market Bounces Back: Growth Mode Activated 🚀**
The crypto market is back in growth mode after a period of consolidation, according to a recent report by Canaccord. The launch of spot ETFs in the U.S. has spurred broader institutional adoption of digital assets, with expectations of increased institutional allocations.
- **Post-FTX Recovery:** The industry has rebounded from the FTX collapse in November 2022, shifting from recovery to growth.
- **Spot ETFs:** The approval of Bitcoin and Ether spot ETFs has been a key catalyst.
- **Institutional Adoption:** Broader institutional adoption is on the rise, with portfolio allocations expected to grow.
What are your thoughts on the future of crypto? Share in the comments!