#加密ETF申请热潮涌现

As the price of BTC has continuously risen over the years, more people are purchasing ETFs.

Of course, the application for crypto ETFs has also become a trend.

The following is a repost.

Since the appearance of ETFs, as the scale has grown larger, it has brought two different impacts compared to the past. Firstly, after institutions hold a large amount of coins, the sharp decline of BTC and ETH will be somewhat limited, as institutions will not actively sell off large amounts of spot holdings; otherwise, the overall valuation of other holdings would plummet. The second impact is that as the total market capitalization of ETFs and institutions increases, it will be increasingly influenced by the overall US stock market, mainly because investors' funds will balance across various assets they invest in, such as the balance between various margin accounts.

$BTC