“Are we back?”

It’s a question many have asked amidst the bitcoin buying frenzy of the past couple weeks.

All the excitement in buying activity seems to trace back to news regarding a potential spot bitcoin ETF approval, Blockworks co-founder Ippolito says.

“Are we back? Are we not back? Whatever,” Framework Ventures co-founder Vance Spencer answers. “There’s just been a lot of real work that’s been done in crypto over the past 18 months since the Luna collapse.”

Speaking on the Bell Curve podcast (Spotify/Apple), Spencer points out a number of positive advancements in the crypto industry: “You have [Treasury bills] coming on-chain,” he says, adding, “I think…

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