#崛起 #BTC

Let me talk about the ETF results that will be released this week by Golden Report: First, let's talk about BlackRock: BlackRock is the world's largest asset management company, currently managing about $9 trillion in assets. Once BlackRock's BTC spot ETF application is approved, it may trigger a new round of cryptocurrency craze, and a large amount of institutional funds will flow into the market, prompting a sharp rise in the prices of BTC and altcoins. Secondly, the current market macro environment does not allow it. The United States is currently in a rate hike cycle, suppressing inflation, economic stagflation, and insufficient liquidity. The probability of passing ETFs under this macro environment is very low. Finally, the launch of DEXM has led to the last round of surges. The current market share of US exchanges is still insufficient. The launch of FTX2.0 also indirectly shows that the SEC needs to further complete the market share of retail investors. Waiting for this step to be perfected is a sign that is more suitable for the start of the bull market!