#美国经济政策 Looking back at history, the changes in U.S. economic policy have always influenced the nerves of global financial markets. Today, the movements of Crypto Assets ETFs have once again attracted attention. This reminds me of the scene in 2013 when the Bitcoin ETF was first applied for, at that time the market was also once in turmoil. Nearly a decade has passed, from a single Bitcoin to the current altcoin ETFs, the regulatory attitude seems to have loosened somewhat. But history tells us that policy changes are often tortuous and repetitive. Even if there are rumors of a possible listing this week, we cannot be blindly optimistic. After all, uncertainties such as government shutdowns still exist. For investors, it is important to follow short-term opportunities while being alert to cyclical risks. In the long run, the institutionalization process of Crypto Assets may accelerate, but the road remains long. It is necessary for us to remain rational and seek balance between opportunities and risks.