Bitcoin Futures Trading Surges After Crypto Spot ETF Launch

Morgan Stanley suggests that the recent approval of new spot Bitcoin ETFs marks a potential paradigm shift in the global financial system, with Bitcoin potentially becoming an alternative to the U.S. dollar. The report highlights the de-dollarization thesis, arguing that there's room for digital assets like Bitcoin to play a bigger role in the global economy. While there's no guarantee of Bitcoin's future value or role, adopting a long-term buy-and-hold strategy may allow investors to participate in the potential upside of digital assets.