Crypto Watch: Anticipating the BTC ETF Approval☕

In crypto, prices ignored the move in macro and majors retraced about 3% from the highs, as we get into crunch-time on the BTC ETF approval window this week. We have no insights into the approval timing, but are leaning cautiously at the juncture and would prefer to be buying on dips in case of any delay disappointment, as any ETF-led inflows will take many quarters to materialize in any case. In any case, let's just hope that Santa Claus is just as kind to us crypto degens as he has to our TradFi brethren!

#CryptoMarket #BTCETFApproval #PriceMovement #ETFInflows #SantaClausHopes