As we approach the end of 2024, the cryptocurrency landscape is buzzing with excitement, particularly following the recent approval of 11 spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC). This landmark decision is set to significantly impact Bitcoin's market dynamics and investor sentiment as we head into 2025.
Bitcoin ETF approval has definitely played an important role in the Bitcoin adaption although the Bitcoin price did not see much change due to ETFs, Bitcoin price managed to rise from 40k to 60k due to ETF approval. Moreover, Bitcoin adoption has increased significantly since ETF approval. But we will be able to see an effect of the halving even if there is no big change in Bitcoin price due to ETFs. I will definitely be able to see a big impact on Bitcoin for ETF and post Halving period. If the US Federal Reserve's interest rate policy is reform over the next few months, Bitcoin investment will see a major shift and the possibility of a Bitcoin bull run will increase during that time. The coming year is going to be another great year for Bitcoiners.