Since its listing, Bitcoin ETF has received a net inflow of $14.4 billion;

According to Lubianshe, if Ethereum ETF is approved, it will bring in $3-5 billion in off-market funds;

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

I think there are two reasons:

1. There is a lack of funds in the market. The current price has included all expectations, and no new funds have entered the market;

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

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