The probability of approval of Ethereum Spot ETFs increases according to the current process. A detail that should be known in case of possible approval;

Grayscale has 2.9 Million Ethereum (ETHE) in its possession, which currently corresponds to 11 Billion dollars when we look at it in dollar terms.

In this case, we may see the same pressure on this side as we see on the GBTC side for a while.