A leading asset management institution has submitted an application for a BNB spot ETF. But just look at the performance after the approval of previous SOL and XRP spot ETFs — even if the BNB ETF is ultimately approved, trading volume won't be particularly impressive. The real starting move still depends on the market conditions. The entire market is actually like this: most institutional and individual investors follow the same logic — chasing the rally. No one dares to buy during a decline, and the real trading window is during an uptrend. So rather than saying that ETF approval is the catalyst, it's more accurate to say that the subsequent price trend is the key variable that determines trading volume. Without a sustained upward trend, even the best products will struggle to stimulate market buying interest.

BNB0,85%
SOL0,31%
XRP-0,04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
WhaleWatchervip
· Just Now
The market isn't moving, everything is pointless, this is the truth. What’s the use of ETF approval? It still depends on the coin price’s mood. Chasing gains and selling losses, this is the entire market logic. The miserable state of SOL and XRP is right there. BNB also has to wait for the right moment, otherwise it’s just a trapping tool. This market only accepts this set of rules, nothing else.
View OriginalReply0
BlockchainBouncervip
· 01-09 04:54
To be honest, this logic makes no sense. ETF is just a facade; the market is the real boss. Chasing gains and selling losses is an old trick. When will it change? So what if the BNB ETF gets approved? Without a price increase, who the hell cares? If the market doesn't move, even the best products are useless. Honestly, instead of hoping for ETF approval, better to focus on the K-line trend. Here we go again. Without an upward trend, everything is just虚.
View OriginalReply0
MoonBoi42vip
· 01-09 04:51
The market is the real boss, ETFs are just a cover --- It's the same old story, everyone knows the classic buy high, sell low trick --- That time with SOL proved it, approval ≠ good news, it depends on the price --- Honestly, without an upward trend, everything is pointless. Even the best products can't save a bear market --- That's the reality, funds always chase hot spots, ETFs are just incidental --- Waiting to see how BNB performs, feels like a flash in the pan --- The market is like this, pretend to be dead when falling, rush in when rising, hilarious
View OriginalReply0
ChainDoctorvip
· 01-09 04:46
The market is not moving, all ETFs are useless --- That wave of SOL clearly shows that approval ≠ wealth code --- That's right, the habit of chasing gains and selling losses is hard to change --- Still, we need to wait for BNB to break new highs, otherwise trading volume will really be dull --- Instead of watching ETFs, it's better to read the candlestick charts --- Haha, institutional and retail investors have the same logic, they are all chasing gains --- Products without trends are useless even if they innovate --- ETFs are just tools; the key is market conditions --- That hits home; the market is really this realistic --- Feels like BNB ETF is just so-so, let's wait and see
View OriginalReply0
GweiObservervip
· 01-09 04:42
To be honest, the ETF for SOL and XRP is just a clear example; even if approved, it won't cause much of a stir. ETFs are just tools; the real key is whether the price can go up. The logic of chasing gains and selling losses probably needs to be changed.
View OriginalReply0
UncommonNPCvip
· 01-09 04:36
The market isn't moving, so all ETFs are pointless. Couldn't agree more.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)