The adoption of Bitcoin spot ETF will bring two things: one is confidence, and the other is funds.

The most important of these is confidence, which accounts for 80% of the cause and effect of Bitcoin's rise. Because of the passage of the Bitcoin ETF, Bitcoin's status is the same as that of other funds in the US stock market, and all compliant funds and institutions can be justified and above board to allocate Bitcoin.

Maybe just like Buffett didn't buy technology stocks before, but finally bought Apple. I wonder if there will be an opportunity in the future for Bitcoin, which they criticized as "rat poison", to enter mainstream asset allocation?

As for funds, the high volatility of Bitcoin will naturally attract a continuous flow of funds into the market - this has been verified countless times in financial history. As long as it can be speculated, as long as it can be speculated in places where there is a lot of money, there will be a steady flow of funds. Continuous buying.

The more active the transactions, the more likely the currency price will rise! #BTC #ETH #带你看看币安Launchpad