At least $15 billion of leverage was used to front-run the BTC ETF
We see the ETH ETF on a slow upward trajectory while new spot inflows act as exit liquidity for leveraged traders
The ETH ETF happened suddenly and unexpectedly. Sentiment is already at its lowest and people have not had a chance to make advance announcements
Expected to be announced tomorrow at 8:30pm (UTC)
I think it's likely we'll see a 2-3 month upward trajectory for ethbtc and ethsol
