BlackRock filed ETH ETF with 🇺🇸 SEC(Securities Exchange and Commission) on Nov. 15. It seems that the world's largest asset management company is trying to lead the crypto industry.
According to the ruling for the GBTC(Grayscale BTC) associated with the SEC, it's possible to approve BTC spot ETFs within Apr 2024. It's a matter of time.
If ETH ETFs are approved, alt season will be following. ETH is the representative of altcoins. By the way, If BTC ETFs are approved first than ETH ETFs, the BTC dominance will be surging, which means most altcoins satoshi value will be collapsing. Each assets have pros and cons. So, consider what will be pros for you.
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Yeah. Each assets have pro and cons. And that's why I paired Bitcoin with most of my assets using Bitget smart portfolio because I know that it will lead all. I don't wanna miss out any asset profits. So, if Bitcoin pumps first, I get more of those assets from it. And if those assets pumps first, I get more of Bitcoin from them. But we all know that Bitcoin looks more Bullish.
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