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Re: why Grayscale would pursue the ETH etf. If Grayscale lowers the fee by 50 bps (same decrease as GBTC), it only needs ETH price to increase by 25% to be making the same revenue. BTC is already up >25% from post ETF lows. (1/2)
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ETH etf approval could easily spark ETH bull run that will generate far more revenue than ETHE currently does. (2/2)
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