ETFs Are Helping

By now you have said how BTC and ethereum have been arising in terms of value. And it has been a very good run for these two tokens. Although the other altcoins have not enjoyed the same wave, these two have some extra edge over the others. And it is starting to look like those extra edges are just the things that are taking these coins towards the moon. ---  [Source](https://unsplash.com/photos/black-and-white-star-logo-8iIUDnRq87o) --- The main reason which I would label for the surge in ethereum and BTC prices would be their respective spot ETFs. ETFs would mean exchange traded funds ETF in the context of cryptocurrency is a front of that or the actual crypto as an underlying asset. The biggest advantage of these are that they are more regulated and investors are less inclined to worry about them in the same way they would if they had bought these on decentralized exchanges. Even though these are not available widely across the world, it is already available in some of the biggest financial markets around the world. And obviously because of this availability big companies and corporations are buying into and making it available for the general masses to invest in crypto through these ETFs. Corporations like Black Rock are buying a bulk of these ETFs. They have two different funds. One would be the ishares Bitcoin trust and the other would be the ishares ethereum. Trust. These two entities on the BlackRock minus the ETFs which they have accumulated. Other than that a grayscale and Fidelity wise are also conducting separate funds for these ETFs. Fidelity wise has origin, Bitcoin funds and ethereum funds. While grayscale has Bitcoin trust and ethereum trust. These are enabling investors in the traditional financial world to get in on some crypto action. Lastly, both ethereum and BTC are full very well at the moment. And at this moment when you might think a trend reversal is in order. While that may happen, I sincerely hope that doesn't take much steam out of it. And I'm really rooting for the altcoins to finally break some ground.