The bullish part is that the SEC noscriptd ETH as security all the time. I guess this frees the way to all sort of etfs.
To be honest, I didn‘t expext this all to happen that quick but here we go. Cannot fight Black Rock
To be honest, I didn‘t expext this all to happen that quick but here we go. Cannot fight Black Rock
So far the ETH ETF PA has played out exactly like the BTC ETF just in a much shorter timeframe.
Let us hope we get the inflows now like on BTC
Let us hope we get the inflows now like on BTC
Profit taking and long squeeze done?
Can there not be WW III now please and we get the moon we deserve?
Can there not be WW III now please and we get the moon we deserve?
Apparently, ETH ETFs go live in July.
One month for ETF funds to purchase their initial liquidity for the ETFs. We should see natural buying pressure over the course of the next weeks. When the ETFs go live, I expect initial buying pressure that should easily give us a good time.
Not expecting the same demand as for BTC but BTC is still 3x the MC of ETH. It should be enough for a nice moon.
One month for ETF funds to purchase their initial liquidity for the ETFs. We should see natural buying pressure over the course of the next weeks. When the ETFs go live, I expect initial buying pressure that should easily give us a good time.
Not expecting the same demand as for BTC but BTC is still 3x the MC of ETH. It should be enough for a nice moon.
I feel like this finally might be the starting point for the alt season:
Historically, each halving behaved somewhat the same with shakeouts and sell the news events:
Btc halving is now done, we survived the sell the news events.
Eth etf approved, inflows yet not here.
Inflows will pump eth and finally bring liquidity to altcoins as much more degens hold eth than BTC.
More and more speculations will arise for other etfs, pumping major other L1s, bringing money to degens.
Alts literally at all time lows or only like 2-3x from bottoms.
Maybe, just maybe, we finally reached the point we waited for..
Historically, each halving behaved somewhat the same with shakeouts and sell the news events:
Btc halving is now done, we survived the sell the news events.
Eth etf approved, inflows yet not here.
Inflows will pump eth and finally bring liquidity to altcoins as much more degens hold eth than BTC.
More and more speculations will arise for other etfs, pumping major other L1s, bringing money to degens.
Alts literally at all time lows or only like 2-3x from bottoms.
Maybe, just maybe, we finally reached the point we waited for..
Forwarded from Watcher Guru
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Apparently, ETH ETFs go live in July. One month for ETF funds to purchase their initial liquidity for the ETFs. We should see natural buying pressure over the course of the next weeks. When the ETFs go live, I expect initial buying pressure that should easily…
Here we go. We are just getting started. $ETH