Buy or Sell #ETH? #Ethereum ETFs are here... Traders are now asking if we get the typical post-launch sell-off….

👇1-14) Surprisingly, on May 20, the Ethereum #ETF filings process progressed when the SEC asked exchanges to update their 19b-4 filings. This dynamic changed the approval probability from 25% to 75%. By May 23, the #SEC approved exchange applications to list spot Ether ETFs, clearing the main hurdle for approval.

👇2-14) Driven by an immediate increase of 500,000 ETH in open interest over the next seven days, ETH futures open interest increased from $8.8bn to $13.0bn as Ether prices jumped from 3,065 to 3,959 when the high was reached.

👇3-14) Read the full report: https://mail.10xresearch.co/p/buy-sell-eth-ethereum-etfs