This is why ETHFI is down despite of ETH ETF as not expected.
unlocking 25Million ETHFI tokens to circuiting supply can devalue Ethfi by 17% & more due to increased selling.
exact token release date or strategy is still not known.
this announcement was released officially by ethfi foundation on 30th June probably caused ETHFI price crash yesterday & today.
with the current situation bearish trend may continue and stabilize gradually.
sadly this is how cripto market fluctuate.
Save your funds if you're a short term trader.
token unlock will be a good buying opetunity for long term traders.
