The approval of Bitcoin exchange-traded funds (ETFs) in the US was a turning point for the cryptocurrency market, causing a significant increase in demand. 📈 Cointelegraph experts discussed the prospects for the approval of more ETFs in the United States.

"It's not just about the US market," said Ophelia Snyder, co-founder of 21Shares.

Immediately after their approval, Bitcoin products became one of the most successful ETF launches in history, raising billions in capital.

"We'll likely see much more than $15 billion by the end of the year," Bloomberg ETF analyst Eric Balchunas predicted.

While the Ether ETF will likely begin trading soon, most analysts agree that it is unlikely to be as successful as its predecessor.