Bitget MD: BTC ETF may bring tens of billions of dollars into the market

Odaily Planet Daily reported that in the Singapore Token2049 "Crypto Exchanges: Challenges and Opportunities Ahead" roundtable discussion, Gracy Chen, who serves as Managing Director at Bitget, gave an outlook on the future market. She believes that it is still necessary to continue to build, but we must also pay attention to the future. There are two points in the market’s “climate” that deserve the market’s attention: interest rates and ETFs. The Fed's interest rates are currently high, and it is crucial to decide when to lower them. Fed interest rates affect a much larger pool of money. Another focus is the BTC spot ETF. Its approval will allow large financial institutions (such as pension funds, etc.) to buy BTC, which will bring tens of billions of dollars in capital inflows. (Odaily reporter reported on the spot)