K33 analysts said that the upcoming ETF is a solid catalyst for the relative strength of ETH. ETH is expected to fall after the launch of the ETF, but just as what happened to BTC later, the funds flowing into the fund may boost the price of ETH; it is expected that within 5 months after the launch, the net inflow will be equivalent to 0.75%-1% of the circulating supply of ETH. In addition, K33 analysts also noticed that many traders are using a lot of leverage to bet on the potential price trend of ETH before the launch of the ETF. (Cointelegraph)