Krutika Adani
The Ethereum ETFs are expected to be launched by 23 July after the SEC asked for one final revision. The ETFs are expected to take ETH adoption to whole new levels.
Despite hype and bullishness around them, some experts suggest that Ethereum ETFs might underperform their Bitcoin peers.
The Ethereum ETFs are expected to kick off this bull cycle’s alt season.
Bitcoin ETFs strongly impacted the Bitcoin price amid the German government’s selloff. Now that ETF inflows have resumed, they have made the entire crypto market bullish again.
Since Bitcoin dominates 54% of the crypto market cap, its price volatility makes the entire market jump. After the German govt sell-off, Mt. Gox’s Bitcoin compensation might make the market even more volatile.
Trump’s presidency odds have leapt to 70% after he escaped an assassination attempt.
In its June meeting, the US Federal Reserve said that it would wait for inflation to go below 2% before it considers reducing the interest rates.