The coded season of increases is primarily supported by the acceptance of the Securities and Exchange Commission for spot Bitcoin exchange-traded funds (ETFs). Holders of meme cryptocurrencies thrive on rapid fluctuations and are preparing for a season that holds a lot of expected profits.
Many analysts believe that spot Bitcoin funds mean widespread adoption and acceptance of the cryptocurrency industry. While some of them see this new investment mechanism as a threat to Bitcoin's decentralization and thus its core principles.