Fundstrat Digital Asset Strategy Director: People's expectations for ETH spot ETF are overly pessimistic
Sean Farrell, Director of Digital Asset Strategy at Fundstrat, stated in a report that people's expectations for the ETH spot ETF are overly pessimistic. Hedge funds pursuing so-called basis trades (aimed at exploiting differences between spot and futures markets) will drive the development of ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Trending news
MoreCrypto prices
More
