What the little friend mentioned actually happens in various industries around the world.

CN
Phyrex
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6 hours ago

What the little buddy mentioned actually happens in various industries around the world. A large amount of capital will only flow into more compliant markets because the funds are guaranteed. This is also why there will be a significant influx of capital after the approval of #BTC and #ETH spot ETFs. Of course, you may say ETH is garbage, but it has indeed absorbed 3,616,645.45 ETH. If this amount were in the market, it would be more troublesome and have a greater impact on prices.

Once ETFs are introduced, the capital will need to consider the issue of competition, leading to less market manipulation. Assets will be protected by regulatory authorities, making it harder for ETF providers to engage in wrongdoing.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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