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How Does a Bitcoin Spot ETF Impact the Crypto Market?

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Since the launch of the Bitcoin ETF on the stock exchange, it has been clear that the Bitcoin price in the crypto market has been significantly affected by the following factors:

1. It can facilitate new investors' entry into the stock market.
2. It validates the legitimacy of the crypto market, thereby increasing Bitcoin's recognition as an asset and encouraging Bitcoin adoption.
3. A Bitcoin ETF acts as a bridge between the stock market and the crypto market.
4. It makes the Bitcoin price in the crypto market more stable.
5. It increases liquidity and facilitates Bitcoin access on the stock market.
 
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