Many people are bullish based on how much the ETF has bought or sold. This is a serious mistake. As the world's manager, multinational capital such as BlackRock does not even count ETF as a jelly bean on its menu. ETF is just a reason for capital to operate the big pie in compliance. BlackRock does not care about the management fees. What does the selling and buying of retail investors have to do with BlackRock? !

The fundamentals of the big pie have no direct relationship with ETFs. The fundamentals of the big pie are one of the battlefields in the international financial war! So don't consider the purchase cost of the ETF, or even the cost of the miners, as the fundamentals. Multinational capital has gone to great lengths to make ETFs compliant. Don't really think it is to earn management fees? !