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Crypto Spring: Exchange-Traded Funds Expected to Kick Off Next Bull Market

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Cryptocurrency ニュース

Crypto,Spring,Exchange-Traded Funds

Developments related to exchange-traded funds have been credited with ushering in a ‘crypto spring,’ and it looks as though the eventual approval will be enough to kick off the next bull market, according to some analysts.

The end of a crypto winter and the start of a new bull market cycle has historically been a confusing time in the cryptocurrency market as hodlers who made it through the depths of the bear market are still traumatized by the downturn and have to learn to switch from survival mode to actively engaging with the market.

Volatility usually spikes, leading to fast gains and equally fast losses, which can make it tricky to know if the winter is in fact over, or if it's merely another fakeout pump designed to give the day traders something to do. This time around, developments related to exchange-traded funds have been credited with ushering in a ‘crypto spring,’ and it looks as though the eventual approval will be enough to kick off the next bull market, according to some analysts. “Well, something has changed,” said ARK Invest CEO Cathie Wood during an interview with Yahoo Finance. “So we had put in, a number of times, a filing and we were just denied, never got any questions really, never got any response. This time, this summer, we got questions back from the SE

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