I think we all need to start maturing and learning. Nobody knows everything, but there are people who knows something. That's why you take in all this information and think for yourself. Don't just slam this oversimplified quote of copium.
When you keep hearing people bombarding questions "will the ETF approval be a sell the news event or not", you could have actually done deeper research and find out that in the past, it's actually the LAUNCH of the ETFs on exchanges that price starts to drop, NOT when the approval is dropped.
Second point. It's the launch of ETF on exchanges that started being priced in late 2023. NOT the future potential inflows from ETF investors into Crypto's total market value through SPOT ETF.
Things have way more nuances to them than the "one simple phrase rule" that tries to oversimplify cases and events happening. Learn to connect the dots.
The better version of the phrase: no one knows shit about fuck, is to me: you will know some shit about fuck if you gave more fucks into this shit.
Let's build our understanding for the coming Ethereum SPOT ETF
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