Wintermute Lianchuang: Approval of spot Bitcoin ETF is inevitable, but it still requires a lot of preparation time before listing

Odaily News Wintermute co-creator Evgeny Gaevoy said at the Institutionalization of Digital Assets theme roundtable session at the TOKEN2049 conference in Singapore: To some extent, the adoption of spot Bitcoin ETFs is inevitable and will happen sooner or later. I think people may misunderstand The judgment is time, because even if the SEC finally approves all these products, it will still take some time for these products to come to market, get approval, and then some time for regulators to allocate. So it will be at least six months before we can start Were seeing money flowing into these products, but more realistically its probably a year or two. But like I said, its inevitable eventually, so I guess its bound to happen. From that perspective, its hard to say how much the price will suffer. But I think once we see real capital inflows, thats when we get back on track to substantial growth.