Bitcoin spot ETFs got approved but the price didn't move, staying below $50,000 then dropping to $42,000. The speaker says crypto rarely does what people predict on their timeline, though ETFs are a real step toward mainstream adoption.
So all of the Bitcoin spot ETFs are now approved. Now your grandma can invest through her brokerage account very easily. But this didn't do anything to the Bitcoin price. We barely touched $50,000. We didn't even hit $50,000. And now we're sitting at $42,000. This is a valuable lesson that you can learn in crypto, is that when everyone is saying that something is going to happen for sure on a specific date, it never happens in crypto. It always either does the opposite or it does something that you never would expect. It's not always, you know, one date. It's going to happen on this date, we're going to pump on this date. It never goes like that. That's never the story. But I am excited about the ETFs. It's a good step forward. I can't wait to see an Ethereum ETF, an XRP ETF, and other things. But this is enabling mass adoption, and I think it's good.
