Spot ETH ETFs successfully debuted with a trading volume of $1b.
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It's good to start. Even though spot ETH(Ethereum) ETFs started trading yesterday, ETH price went slightly down. This pattern seems like the right after spot BTC(Bitcoin) ETFs begun trading this January.
Take a look at the net inflows of spot ETH ETFs. It's more than $100m 🤯 It's higher than expected. What if they accumulate ETH with net inflows of billions dollars untill this December?
The recent crypto market sentiment is still in disbelief and public indifference. I expect that ETH price will break 2021 ATH(All Time High) this late summer, and skyrocket to around $7.5k this winter. Is Santa rally coming? 🤔 ☃️
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