Odaily Planet Daily News 🌐 Jupiter Zheng, partner of Hashkey Capital Liquid Fund, said that the outflow of funds from the Grayscale Ethereum Trust Fund may put pressure on the price of ETH after the launch of today's ETF, and may also suppress market sentiment in the short term. 📉
However, Jupiter Zheng also pointed out that similar to the situation of Bitcoin ETF, investors may transfer funds to options with lower fees. 💡 We remain optimistic about the Bitcoin market and look forward to its continued good performance in the future. 🚀
Overall, although Ethereum faces short-term challenges, the cryptocurrency market is still full of opportunities. 🔍