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RE: Ethereum Spot ETF Being Approved?

in LeoFinance6 months ago

I do wonder if it will affect BTC, BTC ETFs price.

So far, overall, it seems prices go up.

I think it is clear the impact from a price perspective. ETFs will fuel demand which means more gets bought.

It also feeds TradFi though.

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I guess that's true. I was thinking if the appearance of ETH ETfs would make some investors pivot out of BTC ETFs. BTC and ETH's sacrifice to the big companies hopefully pushes crypto and blockchain further into mass usage.