This post is great, and you have pointed out a good question. And i think, it might be a bull trap, or maybe not. Because many big institutions even IMF has made many announcements in favor of Crypto. Which is definitely a bullish news. And all of the news that you have shared are bullish.

But wait, where is the impact they are making, they are making just slight impact on the market nothing more. What could be the reason, like are they just want to excite newbie to get into market or wanted to streamline the adoption of BTC by encouraging other people who still think of BTC and crypto as scam. I do not have exact idea.

So, it might be a bull trap, or mentioned companies might really wanted to make some legal profit by ETFs or wanted to streamline the pathway for others to adopt BTC just like i heard Indonesian are going to release there own national exchange. Such news are bullish but why BTC is not going in bull run.

I think when such news will come true like other than just announcing them, when they will be executed then we might see bull run but till then we should not blindly trust every news because when one party changed with other, such announcements are get delayed by new governments.