ETF fodder drives Bitcoin and Ethereum bulls

     Due to the news of Spot ETF, there has been a fluctuation in the level of the top leaders in the crypto world, Bitcoin and Ethereum.

Bitcoin Bulls

     Bloomberg's news about a SEC window opening to approve the Bitcoin Spot ETF increased BTC value. Not much is known about that window, but Bitcoin rose to the level of $37k and fell back too. Traders experienced a mixture of gains and losses.

Ethereum Bulls

     Recently BlackRock's iShares Ethereum Spot ETF got positive reply. This news tempted Ethereum bulls with green bait, such that Ethereum has well crossed the $2k level. But after the loss caused by Bitcoin, it seems that Ethereum may also fall back a bit.

ETF Bait

     The ETF bait currently being fed to Bitcoin and Ethereum is to benefit Wall Street; crypto investors will have to keep their assets hoarded. But the trade trend could go either way; I haven't set other altcoins out of the race yet.

Brought to you by Yugocean, originally posted here