Ethereum ETF is about to land! Will the good news crash the market?
The second half of the bull market is the real performance time for the copycat.
Will the good news turn into bad news and crash the market after the ETH ETF goes online tonight?
Ethereum spot ETF has been fully approved and will officially start trading after the US stock market opens at 21:30 pm Beijing time on July 23.
After the Bitcoin ETF was approved, it fell first and then rose. Therefore, many people believe that after Ethereum starts trading tonight, ETH will also fall first and then rise, and they began to cut the boat to find the sword
After the Bitcoin ETF started trading, the reason why BTC fell was mainly due to the high management fee of Grayscale and the position change of institutional users. Now the handling fee of Grayscale's mini Ethereum ETF has been reduced to 0.15%, and the degree of user position change will be greatly reduced, so the probability of Ethereum plummeting is very small, but there is also the possibility of a callback!
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ETH's ETF can refer to the trend characteristics of BTC. After passing, it may have to smash the market first. There are ups and downs, which is a healthy market!
