Post
Topic
Board Altcoin Discussion
Re: A few ETFs are launching soon, what can we expect?
by
DegenLite
on 19/07/2024, 09:37:06 UTC
https://i.postimg.cc/Zn0qV588/ss2.png

ETH ETF could bring about huge inflow to the ethereum market and also pump its price but I guess it will be smaller effect compared to BTC ETF, which is normal since overall market cap of ETH is lesser than bitcoin.
but i think the market sentiment will also have big role, since market is quite uncertain on what path bitcoin gonna take whether it's gonna be bullrun or retesting the bearish resistance again.

overall pretty bullish with current circumstance but always on the lookout for the people that sell at the news.

Yes definitely it won't have as much effect as the BTC ETF but I expect some kind of bullish movement from ETH even if it might just be temporary