Ethereum Spot ETF May be Delayed, When Will the Bull Market Restart?

[TL; DR]

An increase in institutional investment and an entr of new retail investors in Bitcoin are likel to shape the next bitcoin bull run.

It is best for new crpto investors to put their funds in leading crptocurrencies like bitcoin.

Crptocurrencies that have spot ETFs are likel to experience strong bullish momentum in the future, depending on institutional capital injections into the ETFs.

Introduction

The crptocurrenc communit started looking forward to the 2024 bitcoin halving event in 2022 when the sector was still in one of the longest and severest crpto winters. Man people had the hope that the next bitcoin halving event would trigger a bull run. However, the investors attention was later captured b the introduction of spot bitcoin ETFs which changed the crpto market dnamics.

The funds Flow into BTC ETFs led to a strong short term bullish market that stretched from Januar to April. In fact, the bullish momentum declined just two weeks before the halving. Some analsts believe that profit taking b the bitcoin investors who acquired the asset during 2022 and 2023 has led to the current bearish momentum. The scope of this article is to explore factors that ma trigger and sustain the next bitcoin bull run.

Current Crptocurrenc Market Status: When Will the Next Bull Run Start?

What the crpto market anticipates is a continuation of the crpto bull run which began some few months ago, after the launch of spot bitcoin ETFs in the United States in Januar. However, the current bitcoin bull run is different from the previous ones since it is driven b spot bitcoin ETF investors. The spot crpto ETFs have opened the wa for traditional investors to pour their funds into the sector.

Although, currentl, the market seems down, the bullish momentum will likel continue in the ver near future. There are several crptocurrencies that ma explode during the next bull run. EHT is still strongl positioned to rall an time from now, especiall if the United States approves Ethereum ETFs. Also, Ethereum is the leading network in terms of hosting decentralied applications (dApps) and smart contracts.

Ripple (XRP) ma record astronomical growth this ear if its case against the SEC is finalied and it manages to launch its USD-pegged stablecoin. As we know, Ripple has man partnerships that include major financial institutions. A rise in its adoption will likel push its value up. The other crptocurrencies that are likel to perform well in the next crpto bull run are Avalanche AVAX, Immutable X (IMX), Polgon (MATIC), Chainlink (LINK), Aptos (APT), World Coin (WLD) and Toncoin. Presentl, the market which is relativel quiet is like a bomb read to explode.

Recent news: Ripple Partners with HashKe DX

The New Wave of Investors - Bitcoin and Ethereum ETFs Role in Attracting New Investors

As explained previousl, spot crpto ETFs have a great role in attracting new investors into the crpto sector. The ETFs make it easier and more convenient than before for traditional financial investors to invest in crptocurrencies. This is because such investors are conversant with other derivatives.

As an example, Gold and Silver ETFs have been on the market for decades now and man people know how to invest in them. Therefore, it becomes easier for such investors to switch over to crpto ETFs since the are on the same traditional financial markets. Also, the fact that the ETFs are regulated means that the attract man investors who are risk-averse.

In practical terms, crpto ETFs enable investors, both individuals and institutional ones, to invest in exchange traded funds without the need to own digital assets or to bu and hold crptocurrencies. As such, the bring simplicit to crpto-related investments.

What this means is that anone, apart from tech-savv individuals, can benefit from crptocurrencies' price changes. The ETFs also reduce the chances of investors losing their funds through fraud or theft, something rampant in the crpto sector. Therefore, b making it safer and more convenient to invest in crptocurrencies, the ETFs attract funds into the bitcoin and Ethereum markets. This new mone inflow into crptocurrencies can trigger and sustain a bull run. It also fuels excitement around crptocurrencies which attracts more investment in the sector.

Read also: how to bu THORChain

Eas Start with Bitcoin and Ethereum: Expectations vs. Realit

After discussing how an increase in crpto investment can trigger and sustain a crpto bull run, let's look at how newcomers can invest in crptos. Toda, we focus on steps and precautions the new crpto investors should be aware of.

Eas Start, Modest Gains: One of the best investment strategies in crpto for beginners is to invest in leading crptocurrencies like bitcoin and Ether (ETH) which have large market capitaliations and often have high trading volumes and liquidit. Once someone has invested in such pioneering crptocurrencies, he/she can check their price changes after long periods such as 6 months. Within such a period the value of the crptocurrenc ma have appreciated b between 2% and 3%. Similarl, during bull run periods tokens of laer-1 blockchains and lending protocols have a high chance of strong appreciation.

Digital Asset Investment : One of the best crpto investment tips is to invest the amount that ou are prepared to lose if the worst happens. This is because risk and returns are two sides of the same coin. To illustrate, someone ma invest in crpto with the aim of gaining 10%. However, the opposite ma occur, he/she ma lose 20% instead. Therefore, ever investor in crpto whether new or seasoned should expect to gain or lose. Nevertheless, even if ou lose the first time ou would have learned something in the process.

Diversification: One of the important crptocurrenc trends is for investors to invest in different assets. What this means is that if ou lose our mone in some crptocurrencies ou gain in the others. For example, one can invest in memecoins, blue chip crpto and tokens of AI blockchain projects. It is best to spread the investment funds across several crpto asset classes. However, remember that meme coins are more volatile than the other crpto assets.

Three Emerging Trends to Watch: There are three narratives that can help seasoned crpto investors to select the best investment assets. One needs to understand the digital asset he/she is interested to invest in and the blockchain innovations that support it. This helps one to gauge its utilit and market demand.

Generall, people who are into crptocurrencies are innovative and are alwas looking for new blockchain innovations. Mone usuall flows much into crpto assets that are backed b superior products. Bitcoin, Ripple (XRP) and Ethereum are examples of blockchains that support different innovations. Lets look at three important narratives crpto investors should track at the moment. The leading narratives are artificial intelligence, tokeniation and blockchain technolog.

AI and Blockchain: Man new crpto innovations involve integrating artificial intelligence with the blockchain technolog to create superior digital products and infrastructure. Such blockchain technolog enhancements capture the interests of investors through launching safe and trending digital products such as AI tokens. AI tokens are in high demand since the are based on the blockchain and AI infrastructures which provide essential services such as arbitrage trading.

Tokeniation Narrative: Based on the current crptocurrenc market analsis one of the most demanded digital products are tokenied assets. Recentl, some blockchain based firms have been tokeniing different assets such as gold, silver, real estate and debts. This simpl means that an of these products has a digitied version on the blockchain. For example, a stablecoin that is backed b gold is a digitied gold asset.

In general terms, stablecoins represent tokenied assets. Tether USDT, for example, is a tokenied United States dollar. Currentl, some innovative blockchains are tokeniing debts thereb creating a crpto debt market. For example, an investor who bus a fraction of a debt token provides funding towards raising capital for a certain project such as hotel construction. Therefore, tokeniation of assets is creating new investment instruments. PV01 and Ondo Finance are examples of blockchains that specialie in tokeniation of assets.

Blockchain technolog: Some blockchains focus on improving their technologies through various means. That is a reason wh some existing blockchains out- roll upgrades. For example, some of these upgrades improve network efficienc, lower transaction cost and eliminate congestion. Ethereum, for instance, introduced Ethereum Virtual Machines (EVMs) and ero-knowledge (ZK) proofs ears after launching its first blockchain version.

The Role of Big Funds in Trend-Setting: Before ou invest in an crpto projects it is wise to find if there are big funds that have invested in it. As of now, we know that man big funds like VanEck, Fidelit and BlackRock have alread invested in bitcoin through BTC ETFs. If ou invest in such a crptocurrenc ou are likel to get a high return on investment.

Conclusion

A new wave of bitcoin investors ma inject much funds into the assets which could push its price up. The advantage of bitcoin as a crpto investment asset is that man new investors are willing to invest in it. However, beginners should spread their investment across several crptocurrencies which are in different classes. It is also wise to invest in crptocurrencies which are supported b big funds.

FAQs about Bitcoin bull run

Which crpto will boom in a bull run?

Bitcoin, Ethereum, Avalanche AVAX, Immutable X (IMX), Polgon (MATIC), Chainlink (LINK), Aptos (APT), World Coin (WLD) and Toncoin are examples of crptocurrencies that are likel to boom during the next bull run. Generall, most laer-1 protocol based crptocurrencies are expected to do well during such a period.

How long will bitcoin go in 2024?

B the end of 2024 the Bitcoin price ma fluctuate between $100,000 and $120,000. However, there is also a high chance that it ma surpass $120,000.

Is bitcoin due for a bull run?

According to the existing crpto market dnamics, which include the recent BT halving, bitcoin is due for the next bull run. It ma rall soon after the current consolidation phase.