Regarding $ETH ETF, the S-1 document was returned by the SEC for revision. Maybe the script has already been written:

1. #ETH🔥🔥🔥🔥 ETF was approved in early July, and then the news was sold, but this will not last long. It will be almost a month at most, which means that there will be net inflows in August.

2. At the end of July, there will be inflation data such as PCE, interest rate meeting and GDP. If the data at the end of July looks good. It is good for inflation to fall, and the economy is still good. It is indeed expected that a defensive interest rate cut can be made in September. #美联储何时降息？ can continue to be hyped, so August is expected.

3. The news is almost sold in August, and there is almost net inflow. Then there will be a big macro-good news in August, and funds can enter #EthereumEFT for speculation. Then the interest rate will be cut in September, so another wave of harvest can be harvested.