The US dollar is flowing back and squeezing out the US dollar bonds of other countries. The United States has made a new move! What is the intention of approving the ETH ETF this time?
The core goal of the various operations of the United States in the financial market in recent years is to make the US dollar flow back, drain global liquidity, and thus complete the harvest of other countries. Recently, the United States has hastily approved the Ethereum ETF. This move seems simple, but it is actually hidden. Since its listing, the asset size of Bitcoin ETF has reached 55 billion US dollars, even exceeding the foreign exchange reserves of Germany and Canada. What is even more shocking is that some Chinese institutions actually choose to take US dollars to the United States to buy ETFs instead of directly buying Hong Kong's BTC ETF. This is enough to show the power of ETFs in absorbing US dollars. Therefore, the United States' hasty approval of the Ethereum ETF this time is obviously not out of personal preference, but has deeper political factors. Absorbing US dollars may be the most reasonable explanation.
This operation of the United States has undoubtedly exacerbated the volatility of the global financial market. We need to remain vigilant and pay close attention to market dynamics. What do you think of this? Come to the comment area to leave a message to discuss #BTC