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The shutdown led to widespread uncertainty, prompting investors to pull back from riskier assets like cryptocurrencies. Bitcoin, as the flagship crypto, saw significant outflows, reflective of a broader risk-averse sentiment. Yet, amid the storm, some altcoin ETFs, especially those targeting newer tokens, maintained their position, signaling a possible investor confidence in the long-term potential of these assets.
Highlighting Key Recent Spot ETF Launches in the Crypto Space
The recent wave of spot ETF approvals for various cryptocurrencies marks a pivotal development, opening crypto exposure to institutional and retail investors who previously lacked direct access. Below are five notable examples: