Bitget CEO Gracy Chen, Invited to attend the Bloomberg TV interview, in which Gracy mentioned that bitcoin fluctuated around the $10 0,000 mark, reflecting a strong "arbitrage" sentiment in the short-term market. She pointed out that in particular, some whale users who have built positions since 2022, the average position cost is only about $20,000, although the future cryptocurrency regulation in the US may be loose, but the relevant uncertainty is still an important factor for investors, some investors choose to settle at the current price.

At the same time, the recent performance of bitcoin has provided more opportunities for copycat coins. However, for the news that "DOGE, SOL and other counterfeit currency ETFs will soon be approved", she believes that there are still multiple challenges: first, the approval order, based on the experience of the currency and Etheric Fang ETFs, the mainstream market usually first through the futures ETF, and then through the spot ETF of related assets, and these fake currency futures ETFs have not been approved; second, regulatory differences, some regulators still controversial securities, which may affect the relevant approval process. Third, the risk of market manipulation. Most of the counterfeit coins are less decentralized than BTC and ETH, and the possibility of market manipulation is relatively higher.