Since mid-June, a number of traditional financial giants (Fidelity, BlackRock, etc.) have initiated applications for Bitcoin spot ETFs to the SEC. Bloomberg analysts even...

Since mid-June, a number of traditional financial giants (Fidelity, BlackRock, etc.) have initiated applications for Bitcoin spot ETFs to the SEC. Bloomberg analysts even believe that BlackRock’s application is expected to be approved by the end of this year. This news The cryptocurrency market has been invigorated, and the market speculates that the Bitcoin spot ETF will attract a large amount of funds to enter the market, and is optimistic about the future market trend. Contrary to the market's optimism, JP Morgan put forward a neutral view on the bitcoin spot ETF in a report, arguing that even if the bitcoin spot ETF is passed, it will not change the rules of the game in the...

Since mid-June, a number of traditional financial giants (Fidelity, BlackRock, etc.) have initiated applications for Bitcoin spot ETFs to the SEC. Bloomberg analysts even believe that BlackRock’s application is expected to be approved by the end of this year. This news The cryptocurrency market has been invigorated, and the market speculates that the Bitcoin spot ETF will attract a large amount of funds to enter the market, and is optimistic about the future market trend. Contrary to the market's optimism, JP Morgan put forward a neutral view on the bitcoin spot ETF in a report, arguing that even if the bitcoin spot ETF is passed, it will not change the rules of the game in the...