Recently, many friends have also asked similar questions, all about what would happen if ETF institutions manipulate the market, whether they really buy spot, whether there are contracts for hedging, and whether they buy and sell at the same time. All of these are overthinking. All ETFs are regulated by the SEC, and anyone who dares to do so will be punished. ETFs, including BlackRock, mainly make money from transaction fees and fund management fees, and are not so concerned about the rise and fall of BTC and ETH. Of course, wealth managers will inevitably persuade investors to buy, as buying only incurs transaction fees. Therefore, it is very normal for ETF institutions to hope for the rise of cryptocurrencies. In terms of operational methods, BTC， There is no essential difference between gold, oil, and US stocks. Don't worry about ETF institutions cutting leeks or secretly opening short to make money. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex