๐DeFi fans, gather 'round! BTC ended the US trading day in green, but gave up some gains as the US 10-year yield spiked๐. Ether futures ETFs failed to impress, with low volumes on their first day๐ด. But don't worry, October is historically a strong month for crypto!๐
๐ขBTC is up 3% around $28k, while ether is down modestly at $1670. The crypto market has seen a rally recently, but some have concerns about its sustainability๐ค. QCP Capital even suggests futures-only ETFs could be detrimental to spot price!๐ฑ
๐คทโโ๏ธAs for ether futures ETFs, volumes remained low, but Dexterity Capital's Michael Safai says that's okay! "ETF issuers don't know the markets like traders do," he said. So, what do you think? Are ETFs overhyped or just misunderstood?๐ง Let's discuss in the comments!๐ฌ
๐ขBTC is up 3% around $28k, while ether is down modestly at $1670. The crypto market has seen a rally recently, but some have concerns about its sustainability๐ค. QCP Capital even suggests futures-only ETFs could be detrimental to spot price!๐ฑ
๐คทโโ๏ธAs for ether futures ETFs, volumes remained low, but Dexterity Capital's Michael Safai says that's okay! "ETF issuers don't know the markets like traders do," he said. So, what do you think? Are ETFs overhyped or just misunderstood?๐ง Let's discuss in the comments!๐ฌ