2026-01-03 11:22:53

The new year has just passed, and 16 new ETFs have been launched consecutively, with a capital pool of 5 billion yuan behind them. Plus, more than 60 active equity funds established after November last year are still in the initial stage of building positions, adding another 43 billion yuan in scale. It indeed sounds like a significant influx of incremental funds.

But there's a question that needs to be thought through—can this new money truly drive the market upward? The key difference lies in the market environment. 2025 is expected to see a rise from relatively low levels, but in 2026, the A-shares are already near 4,000 points. The difficulty is on a different level, and naturally, the enthusiasm of funds will be discounted.

Think about the lessons from history. Every time there is a large-scale issuance of public funds, it is often when the market is at a high. What was the outcome of those "big fundraisings"? Reflecting on this logic, your trading approach might become much more rational. Whether incremental funds will come in or not, and whether you can ultimately make money, are two completely different matters.

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DefiPlaybook

· 18h ago

480 billion incremental funds sound impressive, but how many can actually handle it? Isn't this just like the TVL fake surge in DeFi? Historical lessons, every major fundraising has been at the peak. Do you want to repeat that now? Forget it, stay calm. Incremental funds ≠ incremental returns. These two things must be distinguished, or you'll be caught in another round of losses.

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fork_in_the_road

· 01-05 22:11

5 billion to move the market? Just listen and forget it, the key is still the timing window for chasing highs. That big fundraising scheme, history has already taught us, those who are clueless will get cut again. Still hoping to lift the 4000-point level with incremental funds? The difficulty has sharply increased. To put it nicely, it's an opportunity; to be blunt, it's taking over positions. New money doesn't necessarily mean profit. The logic is simple, but many people just don't want to believe it. Making money and money flooding in are not the same concept... Haven't the lessons from that previous wave been profound enough?

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MainnetDelayedAgain

· 01-03 11:53

According to the database, the 48 billion increase in funds this time has been about three months since the last "market rescue theory," and it is recommended to be included in the Guinness World Records.

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DeFi_Dad_Jokes

· 01-03 11:50

To be honest, I'm not excited at all about this wave of new ETFs and funds... History always repeats itself, and it happens every time. 480 billion sounds like a lot, but it's a bit difficult to push the market up around the 4000-point level. It also reminds me of that batch of "smart money" from last year, but what was the result... The key is the position, not the amount of money. New money flowing in does not equal making money; this needs to be clearly understood.

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OnchainGossiper

· 01-03 11:42

5 billion is really not enough; the key still depends on whether the market buys into this or not. Hold on, the historical lessons are right here: large-scale fundraising = catching a falling knife at high prices. Is it going to repeat this time? New money does not necessarily mean big gains; ultimately, it's a matter of timing. When fund issuance is booming, it's often already too late. Will this wave be different? I doubt it. Incremental funds are everywhere, but profits are scarce—that's the real truth.

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DaoDeveloper

· 01-03 11:28

nah the real question is whether this capital actually has staying power or if it's just another liquidity illusion... capital inflows mean nothing if the consensus mechanism breaks down lol

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