The steady progress of BTC has recently been closely linked to the upcoming launch of the Ethereum ETF, which has attracted widespread attention from the market. A Bitcoin asset worth US$200 million briefly appeared on an exchange and then quickly returned to an official German institution. This move may indicate that a more ambitious market layout is quietly brewing.

The market has reacted swiftly to every move in Bitcoin, especially during the recent dip buying spree, demonstrating investors' unwavering belief in its strong demand. On July 8, net inflows into Bitcoin spot ETFs surged, reaching $295 million. This figure not only set a new high within 21 days, but also provided strong support for the price of Bitcoin and highlighted the market’s optimism.

Although the current market liquidity is slightly tight, Bitcoin and Ethereum have shown significant signs of rebound, especially the active buying behavior at low levels, which further proves the vitality and resilience of the market. The momentum shows that even amid volatility, investors remain confident in the long-term value of cryptocurrencies.

It is worth noting that the current market fluctuations seem to be more affected by speculative selling pressure rather than the weakening of actual demand. This may be a signal that the market is oversold in the short term, indicating that there is room for a rebound in the future.

What is even more eye-catching is that the Ethereum spot ETF is expected to officially launch trading in mid-July. This news is like a catalyst and is expected to bring unprecedented liquidity improvement to the market. The introduction of ETFs will not only lower the threshold for individual investors to participate in the cryptocurrency market, but will also attract more traditional financial capital inflows, injecting new vitality and opportunities into the cryptocurrency market.

With the launch of the Ethereum ETF, the market is expected to usher in a new wave of growth momentum. Investors generally expect that this innovative financial tool can further promote the maturity and standardization of the cryptocurrency market, while also providing investors with more diversified investment options. Against this background, the future performance of Bitcoin and the entire cryptocurrency market is undoubtedly worthy of our common expectations. #比特币行情 #以太坊ETF通过 #美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币 $BTC $ETH