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Mike
@mikeabundo
The wealth effect from BTC ETF inflows favors coins that, like BTC, do nothing. Guess what the ETH ETFs will do.
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Bufu
@bufu
Pump the whole eth ecosystem? Not a given, because funds flow into an ETF and cannot move on into L2 or anything.
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Mike
@mikeabundo
Price going up will embolden ETH holders to take greater risks. That’s the wealth effect. ETH holders love coins that do things.
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