With ETF's being approved, main stream adoption and both sides of the USA government now saying they will embrace crypto (btw I don't trust either especially the dems after they flipped only because people in crypto said they were going to vote trump lol) What we are seeing is massive adoption to the point of where I think we might very well in our last ever mega bull run for crypto.

Let me explain and go over this in more detail in this article which mainly focuses around the money and less on governments and adoption.

Wire Houses

This was a point I brought up some time ago. The last rally we saw in bitcoin after the ETFs where approved and leading up to it was reported to primarily be all retail investors. Those are your ever day people without huge amounts of funds.

However the places with massive amounts of funds have to use something called a wire house in order to transact large massive amounts of funds that they hold.

These major platforms are what are used for main stream stock investing and large investing funds. But they also need to do their due diligence before approving and getting their systems in line with this type of buying. Based on the information we are getting these wire houses now seem closer than ever to start taking those orders for spot ETFs.

Ethereum ETF

It was pretty clear to everyone up until just about the last minute that Ethereum Spot ETF was going to be rejected. However at a last minute ditch the SEC requested information from the ETF filers who did get their information in fast enough and get the ETF approved.

This is just yet another attempt at the SEC trying to delay things and honestly make a big hissy fit instead of following the rules. Normally the SEC would reach out on a regular basis with question and not wait until the last 24 hours to send over a slew of requests.

What happened next was FIT21 was starting to gain traction on BOTH sides of the table as trumps statements about crypto where clearly showing people that millions would vote for Trump over the oppressively democratic party about getting crypto approved. This then caused the white house and call up the SEC and tell them to push it through so they dems didn't look bad and instead looked as if they where the "good guys" like wow look at all this crypto approval we did.

This goes to show you that we the people have the power and if you really want something done and the shape and change the government then a majority or a decent part of the people need to stand up. It's crazy when you're butt is on the line how fast you'll move lol. This is also a reason why I simply don't trust the democrats to simply back peddle on everything if they were elected in again.

What's pretty clear to me is if things go right this election year and the right person gets voted in that is actully pro crypto then the predictions of a massive bull run at the end of this year and into 2025 could be what I feel the last major bull run on the crypto markets that would simply blow everything else out of the water.

Posted Using InLeo Alpha