$SOL The approval of spot ETFs on Bitcoin by the SEC (Securities and Exchange Commission) in January 2024 and, subsequently, on Ethereum in May 2024, marked a historic turning point for the crypto market.

These financial instruments allow traditional investors to gain exposure to cryptocurrencies through regulated and familiar vehicles, without having to directly own the underlying assets.

The impact on the market has been significant.

Increased accessibility has attracted institutional and retail capital, driving up cryptocurrency prices and enhancing their legitimacy.

Although immediate reactions may have been mixed (sometimes "sell the news"), in the long term, the approval of ETFs promotes greater liquidity and stability. This move is expected to pave the way for wider adoption and integration of cryptocurrencies into the global financial system.

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