• Ethereum ETF has not yet formed a favorable landing. Before the S1/S3 documents are approved for registration, there is still a sentiment of upward speculation. The optimistic estimate of the time for listing and trading is after June. With nearly 3 million ETH, and a high negative premium in recent years, there are many arbitrage chips. It is expected that after listing, it will face a similar situation as GBTC, with a large selling pressure on the market in the early stage, and the extent of the callback depends on the ability to bear the demand at that time.

  • In addition, the FIT21 bill passed by the House of Representatives provides a solid basis for #山寨季到来 . The bill will allow some currencies with good narratives and stable profitability to obtain the right to distribute dividends independently, turning them from air coins into valuable coins.

  • The bill was facilitated by Republicans in the House of Representatives, and it is only a matter of time before it passes, but it is expected that the Biden administration will not approve it easily, but will reject amendments to reshape the Democratic leadership in this bill.

  • #比特币ETF With ten consecutive days of net inflow,The second round of position building is proceeding smoothlyBitcoin has been distracted by Ethereum ETF recently, and the expectation of interest rate cut has also been hit by data. We still need to pay attention to traffic and Friday's#PCE data.