📢 Attention, crypto enthusiasts! 📢

🔹 On July 23, spot ETFs on Ethereum will debut on the market! This was made possible by an SEC rule change two months ago.

🔹 It is expected that these ETFs may influence the price of ETH, although the direction of this influence is not yet clear.

🔹 Participants include: BlackRock, Fidelity, Bitwise, VanEck, 21Shares, Invesco, Franklin Templeton and Grayscale.

🔹 Grayscale plans to convert its ETHE trust into a spot ETF and launch a mini-trust with $1 billion. However, their commission is 2.5% higher than their competitors.

🔹 ETH volatility has increased in recent weeks, reflecting traders' nervousness ahead of the ETF launch.

💬 Share your thoughts and predictions in the comments! How do you think this will affect the market?