Bitcoin approaching 100,000 USD: Bitcoin is garnering more attention as it nears the critical psychological milestone of 100,000 USD. According to CNBC, this development has spurred market discussions on the changing role of Bitcoin, particularly with increasing institutional attention and growing retail investor participation.

Development of Bitcoin ETFs: According to Todd Rosenbluth, significant progress has been made in the Bitcoin ETF sector, especially in 2024. Products like iShares Bitcoin Trust have attracted institutional interest. The debut of options related to ETFs has opened new avenues for institutional investors.

Challenges for retail investors: Dan Egan emphasizes that 75% of Bitcoin ETF investors are new to the market. He warns about speculative behavior and advises managing Bitcoin in portfolios with careful strategies. Investors need to weigh risk and opportunity whenever the market adjusts.

Future and market trends: Looking ahead, Rosenbluth predicts that the 2 million USD mark is a challenge for Bitcoin. He is also optimistic about the growth of actively managed ETFs. Companies like Capital Group and Fidelity have succeeded, and this trend will continue as investors shift from mutual funds to ETFs.