Bitcoin ETF - APPROVED✔️
Ethereum ETF - SOON
The Ethereum ETF has switched from a 10% likelihood to a 75% chance overnight. If approved, the $ETH Spot ETF makes the following projects worth watching.
2024 ETH-Beta Watchlist:
$PEPE New King of Meme
• $PENDLE - Top Bluechip DeFi
• $ENA - Prime Beneficiary of $ETH Rally
• $METIS - Gains from "Low Float/High FDV" Debate
• $ETHFI - Super App for Restaking
• $ALT - Restaked Rollups (RaaS)
• $REZ - Lowcap Restaking Hub
• $MKR - "End Game" (Rebranding/Redenomination)
• $OP - L2 Backed by Coinbase & Base chain
• $ARB- No.1 TVL of Layer 2
• $LDO - Flippening to Restaking (Backed by Paradigm)
• $ETC - PoW Ethereum
• $ENS - Vitalik’s 'Super Important' Shill
• $SSV - Only liquid DVT
• $UNI - Ethereum OG DeFi
$ETH has been lagging in the market since September 2022, showing signs of weakness for nearly two years. Until recently, the ETH/BTC mindshare was near rock bottom.
> Narrative-based trading taps into the collective mindset and emotions of investors. When most market participants agree on a certain outcome, the opposite usually occurs.
The rise of ETH/BTC stemming from the approval of the Ethereum ETF can bring a massive alt season, and ETH-Beta has the highest potential to benefit from this.