According to Odaily Planet Daily, Su Zhu wrote on the X platform that in the long run, the delay in the approval of the Ethereum ETF is the most bullish catalyst. He believes that once the spot Ethereum ETF is approved for listing, it may lead to ETH redemption flows, which may fall in the short term as shown in the current ETF market. At the same time, this will also reduce the number of possible "catalysts" in the future.

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