Many people in the crypto community had a sleepless night last night, waiting for news about the approval of the Bitcoin spot ETF.

When I woke up, I found to my surprise that it was approved:

The enthusiasm of the encryption circle once overwhelmed the SEC official website~

All kinds of jokes are flying all over the place~

However, the price of Bitcoin seems to be relatively calm:

The reaction is not as big as the previous operation.

Maybe there is too much foreplay, which makes getting to the main topic seem dull. . .

01The power of ETF will gradually be reflected in a few months

It is normal for Bitcoin not to rise in response. In the North American market, most of the cryptocurrency trading itself is completed by institutional investors.