Experts expect $110m to flow out of Grayscale’s yet-to-launch spot #Ethereum ETF daily, following the firm's bitcoin ETF, which experienced a similar outflow. https://t.co/6N2ao8l8E9
Once the Spot $ETH ETF goes live for trading, Billions will flow into #Altcoins...
The $ETH ETFs will start trading in July or August. The anticipation will happen. And all altcoins will benefit from $ETH its outperformance vs $BTC. ALTSZN IS NEAR 👀
The altcoin market cap is rising with ETH leading as BTC dominance decreases, sparking speculation about an upcoming altseason. ETH ETFs are set to trade in July or August, potentially boosting altcoins. Market conditions favor Bitcoin and ETH hitting new all-time highs, raising questions about altcoin performance. The launch of a Spot ETH ETF is expected to attract billions into altcoins, while experts predict significant outflows from Grayscale's Ethereum ETF.