#加密货币ETF进展 The withdrawal of these ETF application documents is not good news at all. On the surface, it seems to be because the general listing standards have been approved, and these documents are no longer needed. But don't be fooled by appearances; there are deeper waters behind this. I have personally experienced too many changes in regulatory policies, and each time it seems to be for the sake of simplifying the process, but in reality, it is all about tightening control.

Everyone should be alert and not let temporary optimism cloud their judgment. Such policy changes often signal that a new regulatory storm is approaching. I advise everyone to be cautious during this period and closely monitor subsequent policy trends and market reactions. After all, in this industry, a small misstep can lead to total losses.

Remember, never underestimate the regulatory agencies' tactics. Every move they make could be paving the way for major actions in the future. As investors, what we can do is stay alert, manage risks well, and not be carried away by short-term gains. Safety first, profit second—this is a hard-earned lesson I've learned over the years.