Summary
- What is Bitcoin spot ETF?
- What are the benefits of Bitcoin spot ETF?
- Why is it said that this is the last bull market for Bitcoin?
- How to view the trend of the market in the future?
- What sectors in the market are worth our attention next?
- What is Bitcoin spot ETF?
Bitcoin is often referred to as "digital gold," as I believe everyone is very clear. Exchange-traded fund (ETF) is a type of investment that tracks specific assets or commodities. ETFs can be bought and sold on stock exchanges and brokerage accounts, and the underlying assets are held by the ETF manager.
- What are the benefits of Bitcoin spot ETF?
Bitcoin spot ETF is expected to bring at least billions of dollars in funding to the cryptocurrency market, which will drive the overall prosperity of the cryptocurrency market. At the same time, the approval of Bitcoin spot ETF will allow more investors to gain exposure, thereby increasing the demand and liquidity of the asset. Traditional investors will have more channels to invest in Bitcoin targets, rather than having to directly download digital currency exchanges for purchase, which carries a certain level of financial security risk. Increased liquidity and a more diverse investor base can stabilize Bitcoin price volatility, improve market liquidity, predictability, and enhance investor confidence. Since its inception, Bitcoin has been conservative and controversial in the financial market. The approval of the Bitcoin spot ETF in the United States can also be seen as a signal of the legalization of the cryptocurrency asset industry, indicating an increase in acceptance, credibility, and maturity of cryptocurrency assets, which will encourage more innovation and popularization. The standardized reporting mechanism of spot ETFs can increase regulatory oversight and transparency, thereby enhancing security and reducing fraud and theft risks. This will enhance the credibility of the cryptocurrency asset industry in the financial sector and expand the trust base. In summary, the approval of Bitcoin spot ETF is expected to bring a huge amount of traditional financial market funds, thereby driving the prosperity of the entire cryptocurrency market.
- Why is it said that this is the last bull market for Bitcoin?
After discussing the benefits that the approval of Bitcoin spot ETF will bring to the cryptocurrency market, I will now present a new understanding of this event from a personal perspective. As we all know, everything has two sides. In addition to bringing huge funds to the cryptocurrency market, the approval of Bitcoin spot ETF will also reduce the future price volatility of Bitcoin, approaching a range of oscillations. In simple terms, after this wave of rise, Bitcoin will no longer have the opportunity for sharp rises and falls, but may fluctuate within a range. When the volume of an investment target is large enough, the market's investment opinions on the target will tend towards an average value, and will no longer be affected by the views of a particular institution or individual, nor will any institution be able to manipulate the market. You can abstractly understand this as when the water in a pool reaches a certain level, it will not be greatly affected by external factors, just like throwing a stone into the sea will not cause waves, unless there is a major tsunami or earthquake to affect the flow of the sea. There is also a game relationship between institutions or main players, and one institution or main player will not spend money to benefit another institution. Retail investors are even less able to influence the market, and Bitcoin will also lose the regularity of a four-year cycle that has been observed for so many years. Moreover, this approval of the ETF is in the United States, and after the global financial market's dominance of Bitcoin was taken away from CZ and ultimately fell into the hands of the Americans, it is not an exaggeration to say that our competitors in the future will no longer be retail investors, but Wall Street in the United States. Do you think we retail investors can compete with Wall Street? The answer is undoubtedly no, and the reason why the cryptocurrency market has attracted so many retail investors is because of the myth of getting rich overnight and a deep belief in the decentralization of Bitcoin and the wealth effect brought about by the four-year cycle, all of which will disappear after this bull market. So we must seize the opportunity and cherish the last bull market!
- How to view the trend of the market in the future?
Bitcoin may experience a pullback in the future, but in the long run, it will definitely experience slow growth. The entry of funds from traditional financial markets will definitely drive up the price of Bitcoin, but these institutions will definitely not directly come to boost the market. They will use various methods to wash the market and gradually raise prices. What we can do is to hold onto the spot and maintain a flat position, not to over-interpret various news, and to have independent judgment. Hippo's advice can be summed up in four words: Hold on! Stay flat!
Secondly, I believe that the inscription market should run through the entire bull market. After a period of calm, the inscription market will have another wave. Leading tokens like ORDI and SATS will definitely lead the prosperity of the inscription market again. Next, there are AI sectors, chain game sectors, including the upcoming Cancun upgrade, which will drive the development and prosperity of Layer 2 and related ecosystems. Pay more attention to Layer 2 and related projects such as ARB, OP, MATIC, METIS, as well as RDNT, PENDLE, SNX, VELODROME, and others. There may also be some other new concepts that will be capitalized and speculated on. The Hippo community will continue to be updated, and friends with different views are welcome to supervise and correct Hippo.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
