Behind the delay of Tesla ETF
The 'top flow showdown' in American politics escalates again! On July 5, Musk publicly announced the establishment of the 'American Party' to challenge the two-party system, and Trump angrily criticized him the next day as 'absurd and chaotic'. This political storm not only stirs up US stocks but also sends shockwaves through the crypto market - Dogecoin plummeted 10% in one day, the Tesla ETF was delayed, and crypto investors are facing a new round of reshuffling.
How does political tearing 'bring down' the crypto market?
The conflict between Musk and Trump is essentially a clash between 'tech newcomers' and 'traditional power'. The tax reduction bill signed by Trump canceled Tesla's green subsidies, directly hitting Musk's business interests; while Musk's establishment of a new party is seen as a 'knife to Trump's political legacy'.
Direct impact on the crypto market:
Dogecoin's success and failure both rely on Musk.
As a 'internet celebrity coin' in the crypto space, Dogecoin's price is deeply tied to Musk's statements. After Tesla accepted Dogecoin payments in 2022, it surged 15% in one day; the logo change on Twitter in 2023 further boosted a 30% increase. However, during this political conflict, concerns over Musk's divided attention led to a 10% drop in Dogecoin in a single day, a 22% drop for the week, and a market cap evaporation of nearly a quarter.Tesla ETF delay leads to changes in fund flow.
Investment firm Azoria originally planned to launch the 'Tesla ETF' this week but announced a delay due to Musk's political actions. CEO Fishback bluntly stated: 'Musk's new party plan conflicts with his CEO duties and may distract management attention.' This change has caused some funds to shift to the crypto market for hedging, with mainstream coins like Bitcoin possibly becoming 'alternatives'.
Three hidden variables in the crypto space, how should investors respond?
Variable One: Political games may give rise to 'policy dividends'.
Although the Trump administration vigorously promoted the 'big and beautiful' bill, Musk-led 'Department of Government Efficiency' (DOGE) once advocated for 'streamlining expenses'. If future policies shift, it may bring regulatory relaxation opportunities to the crypto market. For example, the US (GENIUS Act) has allowed compliant stablecoins to be pegged to the dollar, and if policies further lean towards this, it may attract more traditional funds to enter.
Variable Two: Delay of Tesla ETF, tokenized assets fill the gap.
Although the Tesla ETF is delayed, new play styles are emerging in the crypto market - Kraken Exchange has launched the 'xStocks' program, allowing trading of stocks like Apple and Tesla through tokens with USDT, available 24/7 and with 50% lower fees. This kind of innovation may divert traditional investment demand and inject liquidity into the crypto space.
Variable Three: The 'digital gold' attribute of Bitcoin is highlighted.
Under global political and economic uncertainty, Bitcoin's value as a 'decentralized asset' may be re-evaluated. Recently, Bitcoin prices have hovered around $109,000. If the dollar is pressured by political division, funds may further flow into the crypto market.
K-line judge: Painful experiences of being tortured by the market to tears:
Beware of the emotional fluctuations of 'Musk Concept Coins'. Although meme coins like Dogecoin have high elasticity, they are easily impacted by single events and position control is necessary.
Pay attention to mainstream assets like Bitcoin and Ethereum, which have an institutional holding ratio of over 70%, showing stronger risk resistance.
Layout compliant innovation tracks, such as ETF assets approved by the SEC like Solana, or emerging products like tokenized stocks.
Focus on K-line judges, a professional team that helps you accurately target wave points. Keep up the pace and let your assets take off! K-line steadily doubles follow-up, low multiples, private domain contracts #马斯克计划成立美国党 #比特币巨鲸动向