In the United States today, supporting cryptocurrencies has become politically correct. At the same time, the cryptocurrency market has become a new competition for votes. Whenever the ETH ETF encounters obstacles or fails, Trump can criticize the Biden team for boycotting cryptocurrencies and win votes. In order to win these votes, the Biden team proves that they also embrace cryptocurrencies, so not only will the ETH ETF be successfully implemented, but there will also be a series of crypto-friendly policies to be introduced in the future.
Favorable policies: launching more ETFs
The previous article mentioned the election bull. Because you want to win votes, you must please ordinary people, because leeks have the largest population base.
You should know that it is not only us leeks who don't like to play BTC and ETH. The same is true for American leeks. Leeks love SOL (new big casino), altcoins and MEME the most.
So what we can expect is:
1. SOL ETF, SOL ETF will bring altcoins. Because ETH was born in the early days of encryption, it must still have a unique historical sedimentation status, so ETH ETF is not a particularly shocking thing. If SOL, a new public chain, can be listed on ETF, the imagination space of the entire cryptocurrency altcoin public chain will be opened up. If SOL can be listed, then all public chains in the future, as long as they perform well, will "possibly" be listed, so it will bring about altcoin season.
2. The biggest and craziest thing is MEME ETF.
The most suitable MEME for ETF will be DOGE. During the stage of speculating on DOGE ETF, the entire crypto market will usher in a real craze for MEME.#Ethereumspot ETF has been approved, what's next? ##现货以太坊ETF获美SEC批准