Ether ETFs Launched in the US and Guess What Happened? Market Depth Dropped by 20%! 😅

According to CCData, bad market conditions and seasonality are to blame. But don’t worry, this is only temporary! 🌞

CoinDesk said that ETFs would increase liquidity and make it easier to place large buy and sell orders. It worked for Bitcoin, but it played out a bit differently for Ether. 🎢

ETH’s market depth dropped by 5%, but this could be better in the long run. What do you think? Let’s meet in the comments! 💬

#DeFi#Web3#ETH#Crypto #ETF