#After the ETH ETF was approved, the trading volume of the ETF and the trend of ETH were somewhat disappointing.
Many people have been disappointed and even complained about ETH.
In fact, this is normal. The popularity of ETFs will inevitably decrease from round to round, and ETFs, as financial derivatives, also have to face a core problem - lack of liquidity in the financial market.
Not only ETH ETF, but all ETFs in the future will be in a dilemma in the current cottage market if they have poor liquidity, with less capital inflow, less increase, less trading volume, and internal circulation.
Many people may only know the word ETF because of BTC ETF. In fact, ETF is a very mature market in the West and in the United States. Especially as a major financial derivative country, the United States has many ETF categories. Therefore, ETF itself needs to face internal competition.
Once Trump takes office, encryption will be fully supported in the United States. You will see that various ETFs will appear frequently, which may catch up with the speed of new cottages.
Therefore, the benefits of ETFs may be limited to BTC itself. As for other encrypted ETFs, they can only be regarded as benefits, and it is difficult to have the same increase and popularity as BTC.
However, the approval of ETH's ETF is always a good thing. Cryptocurrency is moving towards compliance and its influence is slowly expanding. In the long run, it is an essential positive, but the reaction will not appear in the short term.
