Bitcoin Jumps 25% on ETF Hopes While Cardano Slips and Solana Rallies
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Bitcoin prices rose 25% this week on hopes of a spot ETF approval in the U.S.
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Cardano’s ADA slipped 2% while Solana’s SOL added 3%, extending a week-long rally to 30%.
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Traders downplayed fears of a sell-off by the FTX bankruptcy estate, driving SOL gains.
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Institutional adoption signals an end to 'crypto winter' as assets see more inflows.
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Anticipation of a spot bitcoin ETF is driving demand, but approval may wait for multiple managers.