75% chance of#ETHETF being approved, but if you join now, will you win?
After ETF approval, ETH price and Narratives related to#Ethereummay increase in the short term but will not be sustainable
Announcement when#BitcoinETF is approved, market "Sells news" for a while
The number of orders with a volume of over $100k and over $1 million on Binance only skyrocketed at a time when there were rumors of an approval rate of up to 75%.
Grayscale holds up to 11.15 billion USD of ETH, the ETH flow also started 3-4 years ago (proving that most are profitable), the news of approval will help pull large liquidity to be able to close => Fish Elephant has the opportunity to collect more while the fund has the basis to buy more OTC => ETH increases in the medium term
=> If you play it safe, you can wait for the price of ETH to drop before lining up