Comparing the BTC and ETH charts after ETF approval:
Following Bitcoin ETF approval, the price initially dropped in a classic "buy the rumor, sell the news" scenario. However, after ETF trading began and inflows increased, the price pumped.
We're seeing a similar pattern with Ethereum. After the recent ETF approval, the price dipped, but a correction might already be underway. With Ethereum ETF trading expected to start on July 2nd, potential inflows could propel the price upwards.
Reagrds
Hexa
Following Bitcoin ETF approval, the price initially dropped in a classic "buy the rumor, sell the news" scenario. However, after ETF trading began and inflows increased, the price pumped.
We're seeing a similar pattern with Ethereum. After the recent ETF approval, the price dipped, but a correction might already be underway. With Ethereum ETF trading expected to start on July 2nd, potential inflows could propel the price upwards.
Reagrds
Hexa
