SEC approved 8 spot Ethereum ETFs at one time, including ETFs from BlackRock, Fidelity and Grayscale!
Unlike the previous prediction, this time it was approved at one time, not just one, which means that Auntie still has to experience Grayscale's selling pressure, which is about 10 billion.
Grayscale Bitcoin's selling pressure was 21 billion at the time, and Auntie's holdings were less than 10 billion.
Bitcoin ETF had an inflow of 300 million US dollars on the first day of listing. How much money will Auntie's spot ETF have inflow?
After Grayscale starts redemption, Auntie's own buying may not be able to withstand such a large selling pressure.
So I will choose to transfer my wife's position to Dabing before the transaction is officially launched