Overnight, the SEC will begin trading in spot ETH-ETFs, starting tomorrow.

▪ ETH practically did not react to this news.

Keith bought 8,762 ETH ($30.4 million) in May after ETH-ETF applications were approved. 

He probably wanted to sell them at the start of ETF trading, but things didn’t go according to plan.

ETH's lack of reaction to the SEC news suggests that market participants may have already priced in this development. Keith's large investment in ETH before ETF trading began indicates his anticipation of a price increase, highlighting the risks and uncertainties inherent in cryptocurrency trading.