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Fundstrat Digital Asset Strategy Director: Sentiment towards Ethereum ETF Launch is Overly Pessimistic
2024-06-28 05:44
Odaily News "Sentiment around the launch of an Ethereum ETF is overly pessimistic," Sean Farrell, head of digital asset strategy at Fundstrat, wrote in a report. He predicted that the development of ETFs will be driven by hedge funds pursuing so-called basis trades, which will take advantage of the difference between spot and futures markets. (Bloomberg)