CME: Investors are “full of expectations” for spot Bitcoin ETF approval

Gio Viciioso, head of CME’s cryptocurrency business, said the company was “well prepared” for Tuesday’s Bitcoin rally. Viciioso pointed out that the market has great expectations for the approval of spot Bitcoin ETFs, and not just retail investors, but very diverse players, including macro hedge funds and banks, are also pouring into this space. There is a “new interest” and “appetite” for cryptocurrencies, primarily Bitcoin. While it’s too early to say that crypto spring has arrived, the market’s momentum suggests investors are preparing for the possible approval of a Bitcoin ETF. (Blockworks)