Analyst: The cryptocurrency market is forming a "flywheel effect" with multiple factors driving growth

ChainCatcher news, according to CoinDesk, Alex Tapscott, Managing Director of Ninepoint Capital Digital Asset Group, pointed out that the cryptocurrency market is forming a "flywheel effect": the inflow of funds into Bitcoin ETFs drives price increases, stablecoin issuers reinvest profits into crypto assets, and corporate IPOs expand market participation. Data shows that Ethereum ETFs have attracted over $6 billion in inflows since their launch.

Polymath expert Natalie Hirsch stated that the current environment for crypto enterprise IPOs is favorable, but investors should focus on the fundamentals of the projects and consider crypto IPOs as a high-risk allocation in a diversified portfolio.