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Rachel Davis
@racheldavis
I've been pretty meh about the $ETH etf bc I'm not really convinced that the demand will be quite high so I've not had much to say outside of I don't know, bc I don't know what to expect with grayscale. I bought some anyways. I'd go big but I just don't have the same conviction But here are a few things to think of. It's gone unnoticed that since the day of the $BTC Etf eth is up slightly vs btc and has what appears to be a bottoming formation as shown. Staked eth continues up only, and the total balance of eth on exchanges has made an all time low. So even small demand in comparison to the BTC etf can have far more reflexive pricing. However, that is the unknown. Again, I'm quite skeptical this time around vs how bullish I was for the year leading into the BTC etf. Let's see how it plays out, in roughly 6 days
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