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Manator.eth ๐ฉ๐๐๐
@manator
Galaxy Digital just published an insightful report on expected Spot ETH ETF inflows. TL;DR: Itโs reasonable to expect a 33% inflow seen in BTC ETFs implying monthly flows of >USD 1bn. ETH price sensitivity is higher due to staking, ETH held in DEFI (e.g. bridges/ smart contracts) and supply held on exchanges approaching an all-time low. All of this coupled with some of the worst sentiment of 2024, makes truly interesting months ahead. ๐ https://t.co/VnNk6JEpnn
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โ๏ธatt ๐ฉ๐๐ญ
@gk3345
Yeahโฆ.i think ETH has a massive opportunity. Iโm surprised it has done so poorly since approval of the 19b-4โsโฆ..we shall see what happensโฆ.444 $degen
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