#今日市场观点
Why did $ETH fall in the short term after the ETF was approved?
Because of the short-term outflow of Grayscale. Compared with the outflow of $100 million on the first day of the BTC ETF, ETH outflowed nearly $500 million.
The faster the outflow rate, the faster the market digests it.
This is also the reason why the copycat and meme did not fall significantly today.