The liquidity of altcoins will be further squeezed, and there is increasingly less need for "incremental flow" to enter the cryptocurrency market. In the future, apart from "currencies that have passed ETF approval" and "currencies that can connect with traditional finance and provide underlying infrastructure," other altcoins may find it hard to escape the fate of extinction.
Although Robinhood is a relatively young "alternative" brokerage and has a gap in scale compared to large traditional brokerages, and has been criticized for multiple operational issues, its recent move will certainly provoke further thinking and planning from traditional giants that are already eager to act.
#山寨币ETF进展