That's fantastic news about the official approval of the Bitcoin ETF! It's been a long-awaited development in the crypto world, and it's great to see it finally happening. With Bitcoin's market hovering around $47,335 and the potential for it to reach $50,000, it's an exciting time for crypto enthusiasts.

In fact, what is happening now is that we are in a market condition where most disposals are carried out by whales who are waiting for approval. Bitcoin is now around $42K if you look at the sharp drop in statistics after the Bitcoin ETF announcement. I think the significant movement will be more promising at the time of the halving, people who expected Bitcoin adoption at the ETF approval did not live up to expectations. They wanted a bullish high but we didn't break $45K. This means that the existing institutions are still in planning and have not moved at all apart from waiting for panic sales from people due to the negative news out there.

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