@dsfgewtetw
ETF 预期 vs. reality price gaps stem from "buy the rumor, sell the news": speculators buy on 传闻 (driving up prices) and sell when approved (locking profits). To distinguish hype vs. value: ① Hype: price rises 50%+ with no volume growth; ② Value: price rises 20%+ with 30%+ higher institutional inflows. 普通投资者 should wait 48 hours post-approval to enter—if prices hold above pre-rumor levels, it’s value-driven; if they drop 15%+, it’s hype.
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