Tomorrow, the Chicago Board Options Exchange announced the launch of 5 Ethereum spot ETFs, but BlackRock did not say anything, and we don’t know how the Ethereum ETF will perform after it is launched.
Remember the last time the Bitcoin spot ETF was launched, it did not rise directly. There was a turnover process in the middle, and Grayscale participated in it. Later, BlackRock began to buy continuously, so there was a situation of falling to a low point in the early stage and rising in the later stage. Their capital institutions are too rich, and buying is like buying cabbage.
