Impacts of Bitcoin Spot ETFs on Bitcoin appeared months before the Bitcoin Spot ETF approval announcement in January 2024. After Grayscale won a lawsuit, Bitcoin market warmed up and the participation of BlackRock with nearly perfect successful applications, forced Bitcoin market soaring more.

These impacts helped Bitcoin to break its previous market cycle's All Time High (ATH) before its halving in April 2024. It's a first market cycle ever, Bitcoin managed to break its ATH before its halving block.

Months after the halving day and that ATH, Bitcoin has been in a long correction but I am positively that Bitcoin will make it higher ATH in this market cycle.