According to the weekly Korean crypto investor market trend survey jointly conducted by Coinis and Kratos, 46.5% of respondents (51.4% last week) expect bitcoin to rise or soar this week. About 35.3% (28.5% last week) expect a sideways movement, while 18.2% (20.1% last week) expect a decline and a sharp drop. When asked about market sentiment, 44.7% said they were neutral. 37.4% said they were bullish or very bullish. When asked when the U.S. Securities and Exchange Commission (SEC) will approve an Ethereum (ETH) spot ETF, 41.3% of respondents said the second half of next year. 32.6% predicted approval in the first half of this year, 19.9% predicted 2025, and 1.7% predicted no approval.
