This is not alarmist, mainstream exchanges will gradually become dog exchanges.

Especially when Bitcoin and Ethereum pass ETF, I strongly feel that mainstream exchanges will gradually withdraw from the stage of history.

In the future, more high-quality currencies will pass ETF, and ETF is the main battlefield for high-quality asset transactions. In the future, more than 90% of Bitcoin and Ethereum transactions will occur in ETF.

For mainstream exchanges, there will only be dog transactions in the future, relying on dogs to live, and becoming dog exchanges!