Although the Yitai ETF is about to be approved, there are two main reasons why its price has not risen as expected:

Lack of funds on the market: The current price has reflected all the market's expectations for the approval of the ETF, so no new funds have entered to support the price increase.

The holding structure of institutions and large investors: According to reports, more than 50% of the investment of most institutions and large investors is concentrated in altcoins, and most of these currencies are in a loss-making state. In contrast, there are relatively few investors holding Bitcoin, which means that even if the Yitai ETF is approved, the funds that profit from Bitcoin cannot flow into Yitai and other altcoins.

Therefore, only after the approval of the Yitai ETF, a large amount of off-site funds enter the market, which is likely to drive prices up. #VanEck提交首个SolanaETF #以太坊ETF批准预期 #币安合约锦标赛 #DOGE原型柴犬KABOSU去世

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