The much talked about Bitcoin ETF has finally been approved by the united states' SEC, I know that the development will bring many people to invest in Bitcoin and it will increase the adoption of Bitcoin. Ethereum is also inline to get approval also for ETF, starting in May, this year, if there is no delay and they get it, big companies like blackrock and Invesco, are warming up for Ethereum ETF.

If Ethereum ETF is approved by the US SEC, then it can open the door for other top rated altcoins like BNB, Litecoin, and Solana, to also want to get ETF approvals. Then people can have more to choose for investment. They might become competition for Bitcoin if they get plenty investors

Do you think that this will be a good development if Bitcoin and many altcoins have ETF?