The approval of spot ETF means that you can freely trade ETFs in accounts such as US stocks. Especially for institutions, you can trade BTC through traditional investment channels. Therefore, spot ETFs are called "the key to unlocking big bulls". Over the years, they have The wait has finally come to fruition. There is no doubt that spot ETFs will usher in a new starting point for BTC.

This is reminiscent of the SEC's approval of gold spot ETFs in 2004. Gold ETFs were snapped up on the New York Stock Exchange, triggering a wave of global subscriptions. Therefore, Wall Street expects that spot ETFs will bring institutions into the market, and this year there will be Tens of billions of dollars of capital flowed in.

Regardless, the crypto asset market is still young and BTC is just coming into its own. $BTC #BTC #etf #ARB #ETH #OP