How do you think the Bitcoin ETF approval will affect bitcoin and cryptocurrencies in general in the future?
Well it depends on which perspective you want to look at it.
Many are against etf for there is now a higher possibility of manipulation of the market with big investors coming in. On the other hand, we have seen what it did to the price of bitcoin just a month ago. I think definitely it has its own pros and cons.
what we can see on the other side is about bitcoin which is more widely known and can increase investors into this sector. So of course the price of bitcoin will be much more expensive than today and if we look at it from the halving perspective, investors will not be able to own a lot or even have a monopoly on bitcoin. It must be remembered that Bitcoin was created and created to avoid global financial centralization.