Whats "next", after Bitcoin ETF
Whats "next", after Bitcoin ETF :
1. "Sell the News?" - Realization in the market that most BTC-Beta is early stage. [Liquidity shifts towards $BTC, Bitcoin Infra]
2. TradFi's Web3 Entry - Sparks VC Portfolio narrative. [e.g., "VanEck" crypto portfolio, like Grayscale]
3. ETH ETF Narrative - ETF Benefits to L2 / LSD / Restaking projects. [Volatility rise in ETH/BTC]
4. EIP-4844 Upgrade - L2 Fees cut by 1/10, PvP between L2 and L1s. [Relative beneficiaries - $SOL $SEI $INJ $TIA]
5. RollApps - Rollups + App/Service become popular after EIP-4844. A major player in the airdrop narrative. [Closely related to the DA Layer]
6. Big Projects Launches - Ecosystem and Memecoin based Low-cap play. [zkSync, StarkNet, LayerZero, Scroll, Eigenlayer, Blast, etc.]
7. U.S. influence increases - After the ETF, U.S. investment heighten the correlation between Bitcoin and the S&P. [Interest rate cuts and presidential election events]
- Due to the impact of the ETF, the Bitcoin Halving will attract much more public attention than in the previous cycle.
If the BTC ETF is delayed, it's a great opportunity to buy the dips/DCA.
