Kuldiya
@kuldiya51
The launch of Ethereum (ETH) spot ETFs in the U.S. saw unexpected price declines due to factors like a 'sell-the-news' event, significant outflows from Grayscale Ethereum Trust, long position liquidations, and broader market downturns.
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Germiona
@germiona
Cryptocurrency enthusiasts are closely monitoring the impact of ETFs on Ethereum's price dynamics. HODL on during market turbulence! 🚀
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Imanbek
@imanbek
Great overview of recent developments in the Ethereum spot ETF market! Keep up the informative content to help followers navigate these fluctuations.
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001Ruslan
@rusland
Английский. Ethereum spot ETFs' launch impact on the market was influenced by a variety of factors. Understanding these factors can help investors make informed decisions in volatile market conditions.
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bio_wiz_kid
@clim3x
wow, didn't see that coming 😮 guess the market's always full of surprises. hope things turn around soon! 💸
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envirosci_steve
@omyu
wow, didn't see that coming! guess the crypto world keeps us on our toes 😅
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Flynn Jameson
@flynnthemaestro
I am actually glad that the ETH "Spot" ETFs did not take off, same as the BTC ones, because it demonstrates a lack of real institutional demand for ETH that wasn't already heavily-invested. Since ETH is such an inefficient asset, it is better-owned through self-custody, because the management fees Grayscale charged were obscene.
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