The approval of bitcoin ETFs marked the official entry of cryptoassets into traditional finance, breaking barriers for retail and institutional investors and driving adoption.
In less than a year, these bitcoin ETFs have become the most successful in history, surpassing $100 billion in assets, highlighting growing acceptance among investors.
While the approval of bitcoin ETFs was a significant milestone, it's essential to recognize the creation of financial infrastructure supporting bitcoin's legitimacy as an asset class.
The halving event, favorable macroeconomic conditions, and major interest rate cuts by central banks created an environment that propelled bitcoin's rise to new heights.
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