What went wrong with this bull market? It's really scary to think about it.
Originally, we thought that the launch time of Ethereum's spot ETF would be delayed until September. After all, this is what the SEC chairman said at the hearing. But now, Dr. Peng's insider Eric's latest statement, he said that they have multiple evidences that the launch time of Ethereum ETF has been advanced to July 2, not September as everyone thought.
But is Eric's statement credible?
Before, like the Ethereum spot ETF was semi-approved, no one in the market thought it would succeed. As a result, this Bloomberg analyst Eric got the news and said very confidently that it would be approved. What the result is, everyone knows. And before that, when the Bitcoin spot ETF was just hyped, he also said a lot of gossip in advance, and it would also be approved, and it was approved.
So this person is very powerful. So this time, it may not be groundless. If it is really possible to be listed on the New York Stock Exchange and start trading on July 2, Wall Street funds will enter the market at that time. Even if the initial inflow is not much, it is a real buying order, so Ethereum and the entire currency circle may reverse the downward trend.
