IF APPROVED, IT MAY BRING CRYPTO BULLISH🚀
The adoption of $ETH ETFs is a development that we have all been waiting for for a long time. If the applications for #ETF are accepted, the trust in #Ethereum and other altcoins will increase significantly. The acceptance of $BTC ETFs also led to large price increases for #Bitcoin , but the expected increases for altcoins did not occur.
This development could trigger the altcoin bull and thus the bull in the entire crypto market. Historical data shows us that ETF approvals often trigger major bull markets. Therefore, the adoption of Ethereum ETFs could be a precursor to a bull market in the crypto market.