#加密货币ETF发展 Looking back at the development of cryptocurrency ETFs, it’s hard not to feel a surge of emotion. From the initial concept to today’s large-scale adoption, the journey has truly been challenging. BlackRock’s move to deposit a large amount of BTC and ETH into Coinbase Prime is undoubtedly another milestone in this process.

This reminds me of 2013, when the Winklevoss brothers first submitted their Bitcoin ETF application. At the time, the industry was largely skeptical, believing that regulators would never approve it. In fact, their application was rejected multiple times. However, their persistence laid the foundation for today’s achievements.

As a traditional financial giant, BlackRock’s bold entry—depositing over $300 million worth of crypto assets—has undoubtedly injected a strong dose of confidence into the market. This not only reflects institutional investors’ confidence in crypto assets, but also marks the gradual blurring of boundaries between traditional finance and the crypto world.

However, we should also be cautious and avoid repeating past mistakes. After the bull market frenzy at the end of 2017, there followed a bear market that lasted over a year. Therefore, amid the excitement, we must remain calm and view market fluctuations rationally.

In the future, as more institutions participate, the development of crypto ETFs may enter the fast lane. At the same time, we should also pay attention to new challenges that may arise, such as changes in regulatory policies and market liquidity issues. Only by continuously learning and adapting amidst both opportunities and challenges can we remain invincible in this rapidly changing field.