– Polychain Capital and CoinFund have recently launched new funds in the cryptocurrency venture capital (VC) sector. This indicates continued interest and investment in the crypto space.
– Despite rumors of the approval of spot Bitcoin exchange-traded funds (ETFs), the overall outlook for the crypto VC sector remains uncertain and not significantly improved.
– The launch of new funds by Polychain Capital and CoinFund suggests that there are still opportunities for investment in the crypto industry, but it does not necessarily indicate a widespread positive sentiment.
In summary, Polychain Capital and CoinFund’s launch of new funds highlights ongoing interest in the crypto VC sector. However, the outlook for this sector remains uncertain, and rumors of spot Bitcoin ETFs approval have not significantly improved the overall sentiment.