What could be the potential impacts of the launch of spot ETH ETFs on Ethereum’s price? Andrew Kang of Mechanism Capital weighs intrails Bitcoin in performance, its price has seen a 5.1% decrease over the past 24 hours, bringing it to a current valuation of $3,315.
These factors may contribute to Ethereum’s struggle to maintain its market price in the face of evolving market structures and investor preferences. Applying these figures to Ethereum, it is projected that Ethereum-based ETFs might see approximately $840 million in true inflows during a similar timeframe.
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