#比特币ETF申请与审批# Looking back on the past, one can't help but feel a myriad of emotions. The long journey of this Crypto Assets has seen the application and approval process for the Bitcoin ETF go through ups and downs. Recently, the price Fluctuation of HBAR has evoked many memories. From the Winklevoss brothers first submitting the Bitcoin ETF application in 2013 to Grayscale applying for trust registration in Delaware for HBAR and Cardano today, a full decade has passed. During this time, there have been countless moments of hope and disappointment, with each delay or rejection from the SEC feeling like a blow to the head. But we, the old-timers, always hold onto hope because we believe that this road will eventually lead to success.

Seeing HBAR experience a 6% price fluctuation within 24 hours, rebounding from a low of $0.244 to a high of $0.259, inevitably reminds one of the ups and downs of Bitcoin back in the day. Were we not also navigating through such fluctuations? Each support and resistance level feels like a test, challenging the market's confidence and resilience.

Grayscale's recent move is undoubtedly a positive signal, showing that institutions' interest in Crypto Assets is increasing. Reflecting on the scene when the SEC approved the Bitcoin futures ETF seems like it was just yesterday. The ecstatic joy of that time starkly contrasts with today's cautious optimism, which may be a sign of the market maturing.

Looking at the development over the years, it is not difficult to find a pattern: every major progress is accompanied by significant market fluctuations. The performance of HBAR this time may be another verification of this pattern. As witnesses, we have the responsibility to pass on these experiences, warning future generations to remain rational amidst the frenzy and to hold onto their beliefs during downturns.

The road ahead is still long, but I firmly believe that one day, Crypto Assets will truly be integrated into the mainstream financial system. By then, when we look back at today, we will surely feel proud of our perseverance. Let us continue to pay attention to every detail, for history always changes quietly and unexpectedly.