The Ethereum ETFs are set to launch this week.

For those underestimating the impact of an $ETH ETF, consider this:

- Germany holds no $ETH.

- Mt. Gox doesn't hold $ETH.

- The US government isn't selling $ETH.

- ETH supply on exchanges is at its lowest in 8 years (10% of total supply).

- Miners aren't exerting constant sell pressure.

#BTC_Bounce_Back_to_57k #SOFR_Spike #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments