A Surge of Fresh Capital or Speculation From Crypto Insiders?

Blockonomics
The Ripple Effects of a Spot Market Bitcoin ETF
Bybit

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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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