Odaily News JP Morgan said in a report that DeFi NFT activity has increased in recent months as expectations for the approval of a US-listed spot Bitcoin (BTC) exchange-traded fund (ETF) have improved sentiment in the cryptocurrency market. recovery. The report states that this growth comes after nearly two years of deceleration, so there is optimism that the worst may be over in terms of the medium-term trajectory of DeFi/NFT activity. Analyst Nikolaos Panigirtzoglou said that while we have no doubt that the recent resurgence in DeFi/NFT activity is a positive sign, we think it is too early to get excited about it. (Coindesk)