📰 Bitcoin ETF approval reaches a scale of 120 billion in two years. Will the subsequent development be institutional support or withdrawal? #BitcoinETF does not end the narrative but instead incorporates Bitcoin into the financial system in a way familiar to institutions, changing the capital structure and pricing power, and making its fate more deeply tied to macroeconomic conditions and institutional risk appetite.
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📰 Bitcoin ETF approval reaches a scale of 120 billion in two years. Will the subsequent development be institutional support or withdrawal? #BitcoinETF does not end the narrative but instead incorporates Bitcoin into the financial system in a way familiar to institutions, changing the capital structure and pricing power, and making its fate more deeply tied to macroeconomic conditions and institutional risk appetite.