#现货加密货币ETF Looking back, I can't help but feel a surge of emotions. This current altcoin spot ETF craze reminds me of when Bitcoin ETFs were first being filed for approval. Back then, everyone was gearing up, thinking that cryptocurrencies were finally about to enter mainstream finance. Who would have thought we’d end up waiting nearly a decade?
Now, not only do we have a Bitcoin ETF at last, but even altcoins like XRP and Dogecoin have their own ETFs. Established asset management giants like Grayscale and Franklin Templeton are all getting involved, and in the next six months, over a hundred crypto ETFs are set to launch. This scene feels like a world apart from the past.
But history always repeats itself. When the Bitcoin ETF applications were rejected back then, the market suffered a steep drop. With so many ETFs crowding in now, could this be another top signal? After all, Wall Street has always tended to enter en masse at market tops.
As someone who has witnessed countless ups and downs, I want to remind everyone: don’t be blinded by the current prosperity. Bull markets are certainly exciting, but you must always stay vigilant and remember the cyclical nature of the market. After all, in this industry, today’s new high could be tomorrow’s low. Let’s stay rational and watch how things unfold.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#现货加密货币ETF Looking back, I can't help but feel a surge of emotions. This current altcoin spot ETF craze reminds me of when Bitcoin ETFs were first being filed for approval. Back then, everyone was gearing up, thinking that cryptocurrencies were finally about to enter mainstream finance. Who would have thought we’d end up waiting nearly a decade?
Now, not only do we have a Bitcoin ETF at last, but even altcoins like XRP and Dogecoin have their own ETFs. Established asset management giants like Grayscale and Franklin Templeton are all getting involved, and in the next six months, over a hundred crypto ETFs are set to launch. This scene feels like a world apart from the past.
But history always repeats itself. When the Bitcoin ETF applications were rejected back then, the market suffered a steep drop. With so many ETFs crowding in now, could this be another top signal? After all, Wall Street has always tended to enter en masse at market tops.
As someone who has witnessed countless ups and downs, I want to remind everyone: don’t be blinded by the current prosperity. Bull markets are certainly exciting, but you must always stay vigilant and remember the cyclical nature of the market. After all, in this industry, today’s new high could be tomorrow’s low. Let’s stay rational and watch how things unfold.