đ **Ether ETFs: Ready, Set, Go!** đ
Hold onto your crypto wallets, folks! Several spot Ether (ETH) ETFs just got the green light and are set to start trading on July 23. Kaiko's Will Cai says the ETH price might be "sensitive" to these new ETFs, especially after the lukewarm reception of futures-based ETH ETFs last year.
- **Spotlight on Spot ETFs:** Investors are eyeing quick asset accumulation.
- **ETHE Drama:** Expect potential outflows from Grayscaleâs Ethereum Trust as it converts to a spot ETF.
- **Market Buzz:** Wintermute predicts $3.2-$4 billion inflows in the first year, while ASXN is more bullish with $800M-$1.2B monthly.
What do you think? Will ETH ETFs soar or stumble? Drop your thoughts below! đŹđ
