After the approval of the Bitcoin ETF, the market welcomes a wave of institutional funds
Recently, the U.S. SEC officially approved the Bitcoin spot ETF, marking an important step for cryptocurrencies into mainstream finance. Institutional investors such as BlackRock and Fidelity are entering the market, pushing the price of Bitcoin to break through $60,000. Analysts point out that the ETF lowers the entry threshold for ordinary investors, and in the long term, it will bring more stable funds. However, market volatility still exists, and investors need to be wary of short-term correction risks. This milestone event may accelerate the improvement of the global regulatory framework and further promote the maturity of the crypto market.