ETH ETF will start trading at 9 o'clock tonight. Will it fall first and then rise like BTC ETF? Many people believe that after ETH starts trading tonight, it will fall first and then rise, and begin to copy the same story as BTC.
Mingge believes that the situations between the two are different, and the results should also be different. After Bitcoin ETF started trading, the reason why BTC fell was mainly due to Grayscale's high management fees and institutional users switching positions. Now Grayscale's mini-warehouse ETH ETF handling fee has dropped to 0.15%, and users' willingness to switch positions will be greatly reduced, so the probability of Ethereum's plunge has become smaller, and instead, there is a wait-and-see attitude.
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