U.S. asset managers are seeking SEC approval for their crypto index ETF applications, anticipating renewed interest in crypto index investing.
PepeCoin (PEPE) saw a 34% price increase on September 27, 2024, raising speculation of a pump in the memecoin market. Asset managers believe GoodEgg (GEGG) presale metrics will surpass PEPE's surge.
BlackRock foresees limited interest rate cuts amid economic uncertainties, with strong crypto ETF investments continuing despite warnings from asset managers.
Onchain analyst Willy Woo forecasts a bitcoin price ascent to $650,000 at the next bull market's zenith, contingent on the full investment of assets by ETF investors following asset manager guidance.