Crypto ETF Applications Are on the Rise
#加密ETF申请热潮涌现
The surge in crypto ETF applications is an important phenomenon in the development of the cryptocurrency market. Here are some perspectives:
Market recognition and development opportunities
• The application boom for crypto ETFs shows that traditional financial institutions are increasingly recognizing the cryptocurrency market. For example, large financial institutions such as BlackRock and Fidelity in the United States are actively participating in it, promoting the gradual integration of cryptocurrencies into the mainstream financial system.
• It provides investors with a more convenient and compliant investment channel, lowers the threshold for ordinary investors to participate in the cryptocurrency market, enables them to indirectly invest in cryptocurrencies through traditional securities accounts, share the profits of the crypto market, and promote capital inflows into the crypto market.