
Traders are increasingly focusing on Bitcoin spot ETFs ahead of Donald Trump's inauguration, expected to influence market dynamics. Discussions among various analysts highlight that Trump's inauguration may not lead to a typical market selloff. Instead, it is suggested that recent corrections in equities and Bitcoin have already mitigated potential risks. Analysts predict that the initial market reaction may follow a 'sell the news' pattern, similar to the response seen with the launch of spot ETFs in January of the previous year. However, there is an expectation that once pro-crypto policies are implemented, market sentiment will shift positively, potentially driving prices higher. Additionally, there has been a notable influx of investments into Ethereum spot ETFs following Trump's election, as investors anticipate new opportunities in the crypto space.
Trump's inauguration will have the same impact as the Spot ETFs launching in Jan last year. Initially, it will be "sell the news" which leaves many disillusioned. But, once pro-crypto policy starts rolling out, the full realisation of impact of these will drive prices higher.
出数据上来看 #ETH 现货ETF 在川普当选后开始大量流入,一方面应该是期待现货ETF的质押功能(难度不大),另一方面应该是在 #BTC 获得大量资金入驻以后,投资者对ETH有所预期。 https://t.co/k8llL9Bhve
🏛️ @krugermacro believes Trump’s inauguration won’t trigger a selloff. 🤸 He argues that deep corrections in equities and Bitcoin have already cleared risk, flipping the script on the usual “sell the news” playbook. 🎥 Dive in: https://t.co/t2Quuygsu5 https://t.co/sSfqB55NPR