🚀DeFi fans, gather 'round! BTC ended the US trading day in green, but gave up some gains as the US 10-year yield spiked📈. Ether futures ETFs failed to impress, with low volumes on their first day😴. But don't worry, October is historically a strong month for crypto!🍂
🎢BTC 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 sustainability🤔. QCP Capital even suggests futures-only ETFs could be detrimental to spot price!😱
🤷♂️As 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?🧐 Let's discuss in the comments!💬
🎢BTC 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 sustainability🤔. QCP Capital even suggests futures-only ETFs could be detrimental to spot price!😱
🤷♂️As 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?🧐 Let's discuss in the comments!💬