The Bitcoin ETF passed, and the price of Bitcoin did not rise strongly in response, and the hot spot of speculation about the BTC ETF has disappeared

The market's expectations for the ETF are already reflected in the current price, so when the ETF actually passes, the impact may be limited to some ranges.

The adoption of the ETF is an important financial event, but it does not mean that the market's attitude towards digital assets will also change. The price of Bitcoin is dominated by a variety of factors, including investor sentiment, global economic situation, political and legal risks, and more.

The passage of ETFs is good news, but it does not necessarily mean that there will be a big rally right away. ETF adoption is a long-term process that takes time to convince financial institutions and investors and make them more able to understand and accept Bitcoin.

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