The recent surge of ETF announcements, including an Ethereum-Bitcoin hybrid and an XRP ETF, illustrates Wall Street's strong interest in capitalizing on the growing cryptocurrency market.
Despite the muted response to the ETH ETF, the overall sentiment remains that Wall Street will continue to create crypto ETFs, as the $1 trillion market opportunity is simply too large to ignore.
The crypto voter constituency is increasingly influential, suggesting that more ETFs will emerge, reflecting the changing regulatory environment and robust demand from retail investors.
Wall Street's motivations are driven by profit, not ideology, which means the creation of various crypto ETFs will persist regardless of market conditions.
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