#NasdaqETFUpdate by #MkfHashmi
Binance's massive holdings of Bitcoin (reported to be around 629,190 BTC) make it a major player in the crypto market, influencing the broader sentiment and liquidity that indirectly affects the performance of Bitcoin-focused ETFs, including those on Nasdaq.It's crucial to understand that you cannot directly trade traditional Nasdaq ETFs (like QQQ, which tracks the Nasdaq 100 index) on Binance. Binance is primarily for cryptocurrency trading.