CoinVoice has learned that Andrew Kang, a partner at Mechanism Capital, posted on X stating, "I once thought that before the launch of the Ethereum ETF, the ETH and ETH/BTC exchange rates were being overly hyped. However, with Trump using the profits from WLFI to buy ETH, and the SEC and CFTC chairmen being nominated to support Ethereum/DeFi, along with the selling pressure from ETHE and the hype around the ETF dissipating, Ethereum no longer seems that bad. [Original link]
