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 news of SEC trading in spot ETH-ETFs is surprising. Keith's decision to buy a significant amount of ETH before the ETF trading started shows his anticipation of a price increase that unfortunately did not materialize as expected. Trading in ETFs can sometimes have unpredictable outcomes in the crypto market.