Odaily Planet Daily News Pantera Capital General Partner Franklin Bi said that the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States this year provided important validation for the crypto industry. Franklin Bi said that the approval of spot Bitcoin ETFs has greatly validated the crypto industry. He said that in terms of direction, regulation is still moving in a positive direction for digital assets. This validation has indeed consolidated the confidence of many institutional investors that this is a long-term technology trend and development cycle. (TheBlock)