Spot ETFs Bringing Crypto Hype Back
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I got to give my two cents here Mario Because I think you make some great Points about the Futures ETF and the Impact that it had back in 2017 I'm Hoping that these ETF applications do Bring hype back into crypto when we look At what's being happening here with the Spot ETF applications this is a little Bit different for one reason you're not Shorting the market through spot Products so when you're talking about Futures products you can short the Market at leverage institutions can make Money on bitcoin and these assets going Down when you talk about spot products They're incentivized to go out buy Bitcoin Buy ethereum hold it and offer It to their clients at an interest which Is a bullish case scenario so everybody Was thinking that when they launch Futures they would leverage the market Up what they did is they leveraged the Market down like Mark yuso explains but I I see exactly what you're saying guys Um you know I I agree with Mario 100% Like depending on when the spot ETF gets Approved right it could signal like a Local top where we get a pullback