With the expected shipment of Mentougou and the start of trading of Ethereum ETF, a magical situation is likely to appear in the second half of the year: Ethereum prices continue to rise, while Bitcoin continues to fall~

Ether has lagged behind Bitcoin this year, while BTC has achieved market-leading gains, thanks to more than $14 billion in funds flowing into its spot ETF in 2024.

But Bitcoin will face selling pressure in the near future, as $8.5 billion worth of funds will be returned to creditors of the collapsed exchange Mt. Gox starting this week.

After the U.S. Securities and Exchange Commission suddenly decided to approve the Ethereum ETF, the price of Ethereum relative to Bitcoin quickly reversed, and the current open interest in Ethereum futures "continues to increase", indicating that many bookmakers are using high leverage to bet on ETH's possible price trend before the launch of the ETF.

#以太坊ETF批准预期