Crypto VC Vance Spencer predicts a positive future for the blockchain industry in the next two years.

Spencer anticipates the approval of an Ethereum ETF, the fourth Bitcoin halving, and growing institutional adoption of digital assets.

He believes that Web3 games will bring an additional 100 million active users to the crypto scene.

Spencer warns of potential market volatility despite the positive outlook.

Spencer, who accurately predicted the date of Bitcoin ETF approval, expects ETFs on various altcoins to follow.

He also expects significant growth in the DeFi sector, with at least two major DeFis projected to cross $1 billion in revenue within the next 24 months.