The crypto market experienced significant volatility, with a broad downturn across most assets over the week and month, with many major cryptocurrencies seeing double-digit percentage losses. Bitcoin and Ethereum showed slight recovery attempts, but the overall trend remains bearish. The approval of several crypto ETFs by the U.S. banking system is a significant development, potentially paving the way for increased institutional adoption and liquidity in the crypto market. Despite the short-term market weakness, there's a long-term bullish outlook for tokenization and blockchain technology.