![The Ripple Effects of a Spot Market Bitcoin ETF The Ripple Effects of a Spot Market Bitcoin ETF](https://btcusa.com/wp-content/uploads/2023/10/The-Ripple-Effects-of-a-Spot-Market-Bitcoin-ETF-678x381.jpg)
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Finally, we have the question of what a BTC ETF means for the rest of crypto markets beyond BTC itself. Market cycles have historically moved from BTC first, to ETH second, and then cycled into smaller altcoins or more exotic projects. This time around the effects might be less direct, but still noticeable.
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