Bernstein Cryptocurrency Could Become the New Focus of Trump Trades if American Election Sentiment Shifts to the Republican Party

The report points out that the recent outflow of funds from Bitcoin spot ETFs and the potential disappointment regarding the prospects of Ethereum spot ETFs have become two major arguments for bearish sentiment in the market. However, analysts believe that the launch of Bitcoin ETFs has already achieved significant success, bringing increasing liquidity to the market. Despite facing continuous outflows for six consecutive trading days, analysts remain optimistic about its long-term potential, expecting new growth points in the market as more wealth advisors penetrate and allocation increases.