It's interesting to see the ETFs, but I am wondering which cryptos they use to make the basket. Then again, we might see a similar situation to the index funds where the cryptos in the ETFs get most of the money flowing in.
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They didn't say, other than BTC and CRO. The tokens in the basket will definitely get the boost (if they do; for example, ETH didn't get much of a boost after its ETFs were launched), but there are investors who invest in crypto as an asset class, and if things start to look positive they will invest in what they choose, maybe their own basket, to make up their portfolio. So, I think we will have a broader crypto bull run, if it happens, even if maybe not generalized.