The key point is that this world is just a makeshift stage. The public's understanding and that of traditional investment institutions are not professional.
In today's prediction chart, the biggest winner is surprisingly Litecoin. But those of us who are professionals in investment know that Litecoin's future potential is even less than that of Dogecoin.
Therefore, whether through one ETF or not, it's very difficult to manage. The most reliable way to test it ultimately comes down to the market, not the regulators.
Objectively speaking, both Polkadot and Cardano are facing uncertainty regarding whether they can pass through the ETF process, with a resolution expected before October:
The issue with Polkadot is its ranking has dropped amid the "altcoin bubble," facing significant development risks. If Polkadot can pass, the ETF list will further increase, raising regulatory risks;
The issue with Cardano is that only a few institutions have applied for an ETF, lacking support from mainstream Wall Street capital. However, its advantage is that it has consistently been in the top ten by market capitalization, with a solid fundamental outlook.
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