Golden Finance reported that Binance said in a blog post that the approval of the spot ETH ETF is expected to significantly increase demand and push up the price of Ethereum, similar to the trend of the Bitcoin ETF. As staking and smart contracts lead to a tightening of ETH supply on exchanges, ETH prices may be more sensitive to ETF inflows than BTC, which may lead to more drastic price fluctuations. The SEC's restrictions on ETH staking held by ETFs may cause cryptocurrency-savvy investors to favor direct staking, which may suppress some demand for ETFs while catering to different investors.