The Ethereum ETFs are set to launch this week.
For those underestimating the impact of an $ETH ETF, consider this:
- Germany holds no $ETH.
- Mt. Gox doesn't hold $ETH.
- The US government isn't selling $ETH.
- ETH supply on exchanges is at its lowest in 8 years (10% of total supply).
- Miners aren't exerting constant sell pressure.
#BTC_Bounce_Back_to_57k #SOFR_Spike #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments