Why does everyone know that the Yitai ETF is about to be approved, but the price can't go up?

There are two reasons:

1. There is a lack of funds on the market. The current price already includes all expectations, and no new funds are entering the market;

2. It is reported that many institutions and large investors hold more than 50% of their positions in Shanzhai, and they are in a state of being trapped. There are relatively few players holding big cakes, and the profit funds of big cakes cannot flow out to Yitai and Shanzhai.

So once the Yitai ETF is approved, a large amount of off-site funds will enter the market, and the price will fly.

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