#Business, big #Crypto World & #Bitcoin ๐ค
"If I have seen further it is by standing on the shoulders of giants." (I. Newton)
Own view! No investment advice!
#ETH ETF got approved by the SEC
They approved spot #Ethereum ETFs from Grayscale, VanEck, Invesco & Galaxy, Fidelity, Franklin, BlackRock, ARK Invest & 21Shares and Bitwise.
#bullrally#BullishSignals#crypto#winner#tGbtg๐
The key to that trade is to analyze what is actually gaining traction and true network effects (i.e., true on-chain activity, and is scaling applications use).
This is when narrative isn't enough. It must be used, at scale.
The Banana Zone is when the market begins to anoint the new big L1 or L2, which explodes even vs SOL (not sure what that is yet - it will reveal itself later).
Usually 3 or 4 make a big run but one ends up the BIG new entrant (it was SOL last cycle vs Avax and Matic).