Military advisor's tip: This wave of bad news was released in the afternoon! !

Military Advisor Analysis: Ethereum ETF will be launched at 9:30 tonight? Will it replicate the Bitcoin ETF's high rise and then fall back to a slow rise? This time, the Ethereum ETF is a little different from the last Bitcoin ETF. Previously, the Grayscale Bitcoin ETF's handling fee was too high, and many users were forced to switch to other ETFs. This time, Grayscale made an adjustment, launching the ETHE rate (2.5%) and the mini ETH (0.25%). The first 2 billion or December will be halved (0.12%). 10% of the ETHE shares will be directly transferred to the mini ETH. The mini rate for the first 2 billion or the first 12 months (0.12%) is the lowest among all ETFs. Can it be understood that in addition to selling ETHE shares, is it smoothly transferred internally to the mini ETH? Some people may ask, if the ETF is passed, someone wants to sell it? First of all, the price of Ethereum is already very low, and it is still a long way from the historical high of 4868, and the exchange rate with Bitcoin is also continuing to fall! ! Summary: Ethereum ETF will fall after it is approved. I personally think the decline is very limited. First of all, the price of Ethereum itself is not high, and there is still 35% room from the previous high. Grayscale's selling pressure will be reduced, and it will not be sold all the way like Bitcoin ETF.
It is very likely that Ethereum will change its previous sluggishness and start to make up for the rise in the next few months, and start to move out of the strong period of the Ethereum ecosystem!