👑ADOPTION👑
As the days slowly pass, we are drawing ever closer to the approval of the Ethereum spot ETF. 👀⏳️
Speculation about July 15 as the final date has been spreading even more than before. 💯💰
But what will it all mean? 🤔
The launch of the Spot Ethereum ETF will undoubtedly cause a boom in Ethereum's price, even more so in altcoins. 🚀💸
While we did see a massive selloff after the Bitcoin spot ETF approval, I doubt the approval of Ethereum’s ETF will have the same effect. 🎯🧙♂️
According to recent metrics, investors are more speculative about Ethereum, so we can almost certainly expect smaller inflows than what we saw in Bitcoin ETFs. 💯
Nevertheless, the expected $5 billion inflow target in six months is no small sum, with some even projecting up to $15 billion. 💫⚡️
Those inflows will cause Ethereum to mirror Bitcoin's price movement, and if that happens, altcoins will also take off, bringing them to new highs as well. 📈
Investing in Ethereum and projects built on Ethereum’s blockchain now seems to me like the best play for the short term. 🔥
Keep an eye out for ZK and FET also, as they have really shown themselves throughout these crashes with really strong bounces. 🌊💰
I know times are tough, so be patient and zoom out, for better times lie ahead! 💪
We are now in a time of trial, a trial that determines if we deserve the profits that are to be made—generational wealth. 👑
#ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #MtGoxJulyRepayments #AltcoinGains #Bitcoin❗