$BTC Clear positions, clear positions, and lock in profits. The BRICS meeting may be the biggest black swan! After the meeting, decide on the direction and consider entering the market
The approval of a spot Ethereum (ETH) exchange-traded fund (ETF) marks a major milestone for the cryptocurrency market and traditional finance. Spot ETFs differ from futures ETFs in that they track the actual price of Ethereum rather than futures contracts. This move will bring a number of benefits and challenges to investors and the broader market.
First, the approval of a spot Ethereum ETF provides both institutional and retail investors with easier and more regulated access to Ethereum. By providing a familiar investment vehicle, ETFs lower the barrier to entry for those who are reluctant to directly engage with cryptocurrency exchanges or wallets. This increased accessibility could drive greater levels of participation and investment in Ethereum, potentially improving its market liquidity and stability.
Second, spot Ethereum ETFs contribute to the mainstream acceptance and legitimization of cryptocurrencies. As regulated products, these ETFs are subject to strict oversight and compliance standards, which can boost investor confidence. The presence of such ETFs on major stock exchanges also helps integrate cryptocurrencies into traditional financial portfolios, promoting wider adoption.
This week’s preview | Hong Kong Bitcoin ETF may be available for trading, Southeast Asia Blockchain Week opens
Take a look at the most noteworthy industry events and important project developments in the coming week.
StarkWare will announce AI projects under development. Hong Kong may open Bitcoin spot ETF trading. Safe tokens SAFE will be transferable from April 23rd. Southeast Asia Blockchain Week was held in Bangkok, Thailand from April 22 to 28. YGG worth approximately $15.71 million was unlocked on April 27.
This week (April 22 - April 29, 2024) Web3 events are not to be missed. The following is a preview of this week’s highlights:
Foresight News calendar is updated in real time, providing access to more updated Web3 events
BCH Prince is not far from launching. After halving, it has been in a selling pressure situation. Currently, the bottom is rising little by little. There will be a market in a short time. $BTC
#比特币减半 BTC, this halving Are many people confused People who saw a wave of decline before 4.13 Some people are buying at the bottom, some people are cutting each other, Funds have been on the sidelines! This wave of market rises and feels inexplicable Why is it not a crash, but a pull-up I am happy to tell you that the 28th law of the currency circle, There are only a few people who make money, and there are more people who have a little BTC consensus, Regular military institutions have also come, and the mining cost has increased. Several years have passed. Why should miners sell Bitcoin at a low price? Can't they sell it at a high point? Maximize profits. You and I are not stupid The market will be very interesting in the next few days. Do you think it will fall sharply? Otherwise, I think it will rise sharply in a short period of time and then return to a new high, and it will rise sharply without any vigilance in the market! Slowly, some people will rush in when they can't bear it, and then they will be deeply trapped in a wave, and then slowly cut. The following is just my personal opinion! Don't spray if you don't like it!