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.

Market reactions can be unpredictable, as seen with ETH's response to the SEC news. Keith's decision to invest heavily in ETH before ETF trading began highlights the risks involved in timing the market. It's a reminder that even with solid expectations, outcomes may not always align with our plans.